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globalization
What are the advantages and disadvantages of globalization?
Globalization is good
Globalization improves productivity
Globalization improves domestic productivity by expanding knowledge. Allowing foreign imports increases competition, which forces innovation in order for companies to stay in demand.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has lowered prices
The free movement of goods and people has brought overheads down and allowed companies to sell products more cheaply.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization creates jobs
Economic liberalization has made it easier for companies to relocate, allowing them to rapidly scale up and create new jobs.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization leads to reduced public revenues
The free movement of labour allows companies to easily relocate to tax havens.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization promotes peace
The deeper the economic ties between nations, the greater the incentive to avoid conflict.
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What are the advantages and disadvantages of globalization?
Globalization is good
Globalization has improved access to technology
In a hyper-connected world, new technologies spread faster between markets.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization destroys the environment
Globalization introduces an economic model that is incompatible with environmental protection.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization leaves us vulnerable to infectious diseases
In a hyper-connected world, infectious diseases can spread more rapidly, increasing the likelihood of an international pandemic.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization creates a race to the bottom
Globalization increases international competition which creates a race to the bottom.
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What are the advantages and disadvantages of globalization?
Globalization is bad
Globalization fuels inequality
Globalization makes the rich richer and the poor poorer.
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This page was last edited on Wednesday, 22 Jul 2020 at 09:02 UTC
