advantage






 

Question by  LazyPilots (82)

What are the advantages of globalization?

What are the disadvantages?

 
+7

Answer by  johnresa (2455)

The integration of markets, providing jobs, and cheaper products for consumers are advantages of that. More competition and widening the economic gap between countries are a couple of disadvantages.

 
+4

Answer by  tamarawilhite (17883)

Advantages: more trade, which reduces the cost of moving goods, making former luxuries affordable to the middle class. Disadvantages: moving manufacturing to cheaper areas, decreasing manufacturing employment in developed countries.

 
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