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SAI INTERNATIONAL SCHOOL
                                               SESSION 2020-21
                                                     CLASS-X

              ECONOMICS- Ch-4- GLOBALISATION AND THE INDIAN ECONOMY
                                                   MIND MAPS
                                                  SUB-TOPIC- 3
                                Foreign trade and integration of markets,

                                             What is Globalisation






       CHINESE TOYS IN INDIA

         Chinese manufacturers learn of
         an  opportunity to export toys to  Want is happening here?
         India,




             toys are sold at a high price.            Chinese toys come into the Indian markets

             Buyers in India now have the option of
             choosing between Indian and the Chinese   In the competition between Indian and
                                                       Chinese toys, Chinese toys prove better.
             toys.

             Because of the cheaper prices and new     Indian buyers have a greater choice of toys
             designs, Chinese toys become more
             popular in the Indian markets.            and at lower prices.

                                                       For the Chinese toy makers, this provides
              replaced Indian toys with Chinese toys.    an opportunity to expand business.
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