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Q1: What factors have contributed to the rise of globalization? Why haven’t its effects been consistent...

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Finance

Q1: What factors have contributed to the rise of globalization?Why haven’t its effects been consistent in all nations?

Q2: Have the effects of globalization been positive or negative?Explain.

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Ans 1 there are many factors that led to the rise of globalization some of them are listed below 1 expansion of capital flows between the countries in the world 2 removal of trade barriers contributed to rise in importsexports 3 deeper market penetration by foreign capital has increased the competitiveness in the market 4 Failure of closed economies in the world like collapse of USSR led to the belief that a country cannot remain cutoff and grow at a fast rate 5 Privatization of companies lead to more competitiveness and low priced product 6 companies went from    See Answer
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Q1: What factors have contributed to the rise of globalization?Why haven’t its effects been consistent in all nations?Q2: Have the effects of globalization been positive or negative?Explain.

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