Advantages and disadvantages of market integration in globalization
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Advantages
increase the economy of the country
give exposure to local handicrafts
helps in culture and technology exchange
increase the standard of living of people by providing them various choices of goods
competition enhancement
increase the employment opportunities
healthy relationship between countries
DISADVANTAGES
It disturbs the life of tribals
prices will fluctuate
loss of small producers
increase the economy of the country
give exposure to local handicrafts
helps in culture and technology exchange
increase the standard of living of people by providing them various choices of goods
competition enhancement
increase the employment opportunities
healthy relationship between countries
DISADVANTAGES
It disturbs the life of tribals
prices will fluctuate
loss of small producers
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