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Favourable Uncertain

Government Policies Employment Superior Technology

Factors of Production Latest Capital Transfer of Capital


Technology Intensive
Cheap Labour Job Opportunities
Additional Profit
Closeness to Markets Investment Oriented Knowledge Base

Factors Affecting Benefits to Local Disadvantages of Role in


its Location Companies MNCs Globalisation

MNCs and Globalisation

Globalisation and the Indian Economy

Factors Promoting Impact of World Trade


Globalisation Globalisation Organisation

Technology Removes Trade Barriers


Consumers

Producers

•Greater choices •Increased


Liberalisation •Improved quality investment Allow Free Trade
•Lower prices •Increased supply
of raw materials
Members – 149
Countries (as in 2006)

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