Political Science · Globalization
Consider the following statements regarding the economic consequences of globalization: (I) Economic globalization involves greater economic flows among different countries including trade in commodities, capital and ideas. (II) Advocates argue that globalization generates greater economic growth when there is de-regulation. (III) Critics from the left argue that globalization makes the rich richer and the poor poorer. (IV) Some economists have described economic globalization as re-colonization of the world. Which of the statements given above are CORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1II and III only
- 2I, II, III and IV✓
- 3I and IV only
- 4I, II and III only
Correct answer
I, II, III and IV
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Political Science?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Globalization MCQs →Want more practice questions on Globalization?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Political Science · Globalization