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A SMALL Indian toy-maker who shut his factory after imported Chinese toys flooded the market is an example of:
AA producer hurt by globalisation
BA consumer benefiting from globalisation
CAn MNC investing into Indian markets
DA worker promoted to senior position
Answer & Solution
Correct answer: A. A producer hurt by globalisation
Small Indian producers (toys, sugar, dairy, plastics, tyres) often lost to cheaper foreign imports, especially Chinese. This is a typical 'hurt' side of globalisation. The consumer benefited from low prices; the small producer did not.
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