Which of the following is NOT a direct benefit of globalisation for Indian farmers?
Answer
Higher import duties on agricultural machinery
The correct answer is Higher import duties on agricultural machinery — Identify option that is a cost rather than benefit: higher import duties on machinery.
Step-by-step solution
- Identify benefits: lower input costs, market access, better seeds.
- Identify option that is a cost rather than benefit: higher import duties on machinery.
Common mistake: Confusing a cost as a benefit
Concept tested: Farmers' benefit from globalisation
Published · How this solution was prepared and checked
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