Question

Advantages of globalisation

Answer 1

Resources of different countries are used for producing goods and services they are able to do most efficiently.Consumers to get much wider variety of products to choose from.Consumers get the product they want at more competitive prices.Companies are able to procure input goods and services required at most competitive prices.Companies get get access to much wider marketsIt promotes understanding and goodwill among different countries.Businesses and investors get much wider opportunities for investment.Adverse impact of fluctuations in agricultural productions in one area can be reduced by pooling of production of different areas.

Answer 2

$\huge\sf{\pink{\underline{\underline {♡Answer}}}}$

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.