what is the impact of glibalisation
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In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.
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Globalisation decreases the cost of manufacturing.
Explanation:
Impact of Globalisation
* lower cost of production
* access to new market
* access to new talent
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