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Politcs

What are the advantages and disadvantages of globalization?
Globalization is good
Globalization improves productivity
Globalization improves domestic productivity by expanding knowledge. Allowing foreign imports increases competition, which forces innovation in order for companies to stay in demand.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has lowered prices
The free movement of goods and people has brought overheads down and allowed companies to sell products more cheaply.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has improved access to technology
In a hyper-connected world, new technologies spread faster between markets.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization promotes peace
The deeper the economic ties between nations, the greater the incentive to avoid conflict.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization creates jobs
Economic liberalization has made it easier for companies to relocate, allowing them to rapidly scale up and create new jobs.
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This page was last edited on Monday, 26 Oct 2020 at 14:42 UTC