37.
Read the source given below and answer the questions that follow:
"Ford Motors, an American company, is one of the world’s largest automobile manufacturers with
production spread over 26 countries of the world. Ford Motors came to India in 1995... It set up a large
plant near Chennai... By the year 2017, Ford Motors was selling 88,000 cars in the Indian markets, while
1,81,000 cars were exported from India to South Africa, Mexico and Brazil."
(37.1) What is a Multinational Corporation (MNC)? (1)
(37.2) Why did Ford Motors set up their plant in India?
(1)
(37.3) How does foreign trade integrate the markets in different
countries? (2)