what are the positive effect of globalization?
Answers
As a result, there are a number of positives associated with globalization: it creates greater opportunities for firms in less industrialized countries to tap into more and larger markets around the world. this can lead to more access to capital flows, technology, human capital, cheaper imports and larger export....
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Answer:
Globalization a process where people, companies, and governments from different nations interact and integrate through international trade and investments has effects on the environment, culture, political systems, economic development and on the human physical well-being in societies around the world.
☞It allows businesses in less industrialized countries to become part of international production networks and supply chains that are the main conduits of trade
☞It creates greater opportunities for firms in less industrialized countries to tap into more and larger markets around the world
☞This can lead to more access to capital flows, technology, human capital, cheaper imports and larger export markets
Explanation:
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