Question : What is a significant impact of globalization on markets?
Option 1: Decrease in international trade
Option 2: Homogenization of consumer preferences
Option 3: Elimination of all trade barriers
Option 4: Reduction in technological innovation
Correct Answer: Homogenization of consumer preferences
Solution : Globalization leads to the homogenization of consumer preferences, as global brands and products become widely available and popular across different cultures.
Question : What is a significant impact of globalisation on international trade?
Question : The impact of Globalization on Human Geography is often seen in:
Question : Globalization has led to:
Question : What was a significant step taken by India in the context of globalization?
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