Question

"Globalisation has been advantageous to consumers as well as to producers." Support the statement with suitable examples. 

Answer 1

yes globalisation has been advantageous for both producers and consumers.
ex: when a foreign company starts up a industry in our country , then they get cheap labour or raw material from here, in this way the producers are profited.
  when their products come into market consumers will have wide variety of choices to choose,which type of product they wish, in this way consumers will be benefited 

Answer 2

Globalisation has been adavtageous to consumers and producers because:-

1) Globalisation has lead to greater choice for consumers who now enjoy greater quality with cheaper rates as a result standard of living has increased.

2) MNC's have increased their investments in developing countries like India which has lead to create more jobs and prospering the companies which provides raw materials

3) Several top indian companies have benefited as they have invested in new technologies and themselves have become a MNC

4) Globalisation has created new job opportunities in IT sector

5) A host of new services like engineering, accounting and data entry etc. Have expanded and their services are being exported.