Assertion (A) : The USA remains the world’s largest FDI recipient country. Reason (R) : The global economic crisis of 2009, causes a reduction of global FDI flows took place to USA. Select the correct code : Codes :
Both (A) and (R) are correct, but (R) is not correct explanation of (A).
UNCTAD's World Investment Report 2014, the latest data available in December 2014, showed that in 2013 the United States was again the largest recipient of FDI inflows in the world, ahead of China. So the Assertion is correct.
The Reason says that the global economic crisis led to a fall in FDI flows, including the flows going to the USA. This is factually correct: world FDI fell sharply in 2009, and inflows into the US dropped steeply that year.
A fall in the flows reaching the USA cannot explain why the USA remains the largest recipient. Its leading position rests on its large and open market, deep capital markets, strong legal protection and heavy cross-border mergers and acquisitions, not on the crisis.
So both statements are correct, but the Reason does not explain the Assertion.
Hence, Both (A) and (R) are correct, but (R) is not correct explanation of (A).
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Match List I with List II.
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List II (Variables)
A.
Economic Integration I.
International Tourism and Travel B.
Personal Integration II.
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Choose the correct answer from the options given below:Globalization is the term used to describe process of removal of restriction on which one of the following ?
In the context of globalization, ‘Levitt Thesis’ means
Indicate the right sequence of the stages of internationalization :
(i) Multinational Company
(ii) Global Company
(iii) Transnational Company
(iv) International Company
Codes :
Which of the following is not ensured to the consumer in the globalization ?
