how to make globalisation more fairer one.plz answer pointwise
Answers
Answer:(a) Globalisation means unification on integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people by
(i) ensuring that the labour laws of the country are followed so that workers are not exploited.
(ii) supporting small producers to improve their performance so that they remain viable in the face of competition from
(iii) rules aligning with other developing countries for better trade terms. MNCs,
(iv) negotiating with WTO for fairer
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Explanation:
HELLO DEAR FRIEND
➡ Formulate labour laws that are affective and watertight to ensure rights of workers.
➡ Have politics to protect the interests of a small producers against the MNCs.
➡ Trade barriers to protect the democratic economic from foreign trade and unfair competition from developed countries.
➡Align with auto developing countries to navigate with WTO to import Trade restrictions like in position of tariff and quotes.
HOPE IT HELPS YOU DEAR FRIEND THANKS