Answer:
Globalization from the point of view has positive effects as well as negative effects. It has increased the access of higher education example universities and reducing the knowledge gap in developing countries, it equally has negative aspects which can seriously threaten universities in those countries.
PROs:
Reduced Cost of Goods and Increased Trade. ...
Increased Cultural Understanding. ...
Flexible Labor Market. ...
Enhanced International Economic Participation. ...
Loss of Labor..
CONs:
It has had a few adverse effects on developed countries. Some adverse consequences of globalization include terrorism, job insecurity, currency fluctuation, and price instability.
