conclusion of impact on globalization
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The positive impacts of Globalisation are
1. Creates efficient markets
2. Increases competition
The negative ones:
1. Increase in unemployment of small producers
2. Increase in imports.
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According to the foregoing analysis, globalization is not merely an intensification of global interconnectedness brought about by market forces and technological change. The financial crises affecting different countries have shaken the confidence of the advocates of globalization. ...
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