Question

analyse any three demerits of globalisation​

Answer 1

1) due to globalisation local compaines have declined. MNCs bring best and most advanced technologies with them so local companies find it difficult to compete against them.

2) MNCs hire workers on per day basis and they dont pay them for overtime but in the off season workers are mostly left unemployed.

3) MNCs force developing countries to remove trade barriers so they can set up a factory in the country but the WHO (world trade organiation) doesnt force the developed countries to remove trade barriers so that companies cannot setup their unit in developed countries.