Which of the following is NOT a direct benefit of globalisation for Indian consumers?
Answer
Increased employment in local industries
The correct answer is Increased employment in local industries — Therefore the statement that is not a direct benefit is ‘Increased employment in local industries’.
Step-by-step solution
- Identify common benefits of globalisation for consumers – lower prices of imported goods, greater variety of products, and access to advanced technology.
- Observe that increased employment in local industries benefits producers, not consumers directly.
- Therefore the statement that is not a direct benefit is ‘Increased employment in local industries’.
Common mistake: confusing producer benefits with consumer benefits
Concept tested: direct benefit of globalisation for consumers
Published · How this solution was prepared and checked
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