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Impact of Globalization on India's Regional Disparities and Development
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Which of the following is a positive impact of globalization on India's regional disparities?
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A
Increased inter-regional trade and investment
💡 Explanation:
Globalization has led to increased inter-regional trade and investment, which has helped to reduce regional disparities in India. This is because it has allowed regions to specialize in the production of goods and services that they have a comparative advantage in, and to trade with other regions for goods and services that they do not have a comparative advantage in.