Advantages and Disadvantages of Globalization
, Research Paper
...Advantages of globalization
David, et al, (2005) identified that globalization developed international trade and companies. Due to increased interaction among nationalities, countries traded with one another with goods and services they have a comparative advantage (David, et al, 2005). In this perspective, a country sell commodities it have comparative advantage and import commodities it has comparative disadvantage. This led to the growth of home and foreign industries propelled by availability... Globalization al Affiliation Globalization Globalization is a term used to mean the opening of nationalistic and local perspectives (social, political, cultural and economic) to a broader stance of an...