effects of globalisation positive and negative
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negative effects
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- Positive Effect
Inward investment by TNCs helps countries by providing new jobs and skills for local people.
- Negative Effect
Negative factor to globalisation is the lower wages that are given to labourers. In order to compete in the world market, exporters try and cut labour costs and workers are denied their fair share of benefits as manufacturers are always on the look out for cheaper labour .
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