Question

What is the impact of globalisation on agriculture?

Answer 1

Impact - Globalisation - Agriculture. because of globalization the competition in agriculture sector has increased, US has got many of India's high earning agricultural products patent in WTO (like - basmati rice , turmeric etc. ) and that's why you need to pay US government for their production.

Answer 2

What is the impact of globalization on agriculture and industries?

Globalization affects every econmic sector - for the better nad worse, per se. In the agricultural sector, crop imports could be traded at cheaper prices, and could be exchange for another commodity becasue of the free trade - as entailed among the provisions of WTO. In this way, countries that rely primarily on agriculture (i.e. the Philippines), could purchase or import crops from another country at cheaper tariff rates, in case of a shortage.