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two sides of globalization


Sagot :

•Globalization, the increasing integration and interdependence of domestic and overseas markets, has three sides: the good side, the bad side, and the ugly side. The good side of globalization is all about the efficiencies and opportunities open markets create.

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Answer:

Globalization, the increasing integration and interdependence of domestic and overseas markets, has two sides: The good side of globalization is all about the efficiencies and opportunities open markets create. The bad side of globalization is all about the new risks and uncertainties brought about by the high degree of integration of domestic and local markets, intensification of competition, high degree of imitation, price and profit swings, and business and product destruction.

Explanation:

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