Question

what is not a benefit of globalization
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Answer 1

Answer:

Globalization disadvantages

Costs of globalisation

Free trade can harm developing economies. Developing countries often struggle to compete with developed countries, therefore it is argued free trade benefits developed countries more. ...

Environmental costs. ...

Labour drain. ...

Less cultural diversity. ...

Tax competition and tax avoidance.

Answer 2

Answer:

• Globalization fuels inequality. Globalization makes the rich richer and the poor poorer. ...
• Globalization leads to reduced public revenues. ...
• Globalization creates a race to the bottom. ...
• Globalization leaves us vulnerable to infectious diseases. ...
• Globalization destroys the environment.