Question : What challenge do South Asian countries face due to economic globalization?
Option 1: Decline in traditional cultural practices
Option 2: Increased vulnerability to global economic shocks
Option 3: Decreased foreign direct investment
Option 4: Reduction in regional trade agreements
Correct Answer:
Increased vulnerability to global economic shocks
Solution : Due to economic globalization, South Asian countries face the challenge of increased vulnerability to global economic shocks, which can have significant impacts on their economies.