(a) Examine the transformations observed in India's trade since 1991.

i. Starting around $\displaystyle 1991$ some far reaching changes in policy were made in India.

ii. The government directed that time had come for Indian producers to compete with the producers around the globe.

iii. It felt that competition would improve the performance of producers within the country since they would have to improve their quality.

iv. Barrier of foreign trade and foreign investment were removed to a large extent.

v. This meants that goods could be imported and exported easily and also foreign company could set up offices and factories here.

vi. Government imposes much less restrictions than before and there for said to be more liberals

vii. Foreign trade and investment in India were supported by some very powerful intrernational organizations.

viii. SEZs (Special Economic Zone) have been initiated to attract foreign companies with world class facilities. $\displaystyle 11$

ix. Government has allowed flexibility in the labour laws to attract foreign investment.

(b) Examine the factors that have enabled globalization in India.

i. Removal of trade Barrier

ii. Free trade

iii. Foreign Policy

iv. Technological Development

v. Development of Information and communication.

vi. Transformation system