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avanturin [10]
2 years ago
5

What have been the costs and benefits of globalization for the world

History
1 answer:
natka813 [3]2 years ago
6 0

Explanation:

Summary of costs/benefitsBenefitsCostsLower prices/ greater choiceStructural unemploymentEconomies of scale – lower pricesEnvironmental costsIncreased global investmentTax competition and avoidanceFree movement of labourBrain drain from some countriesMay reduce global inequalityLess cultural diversity

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