Explain the advantage a and disadvantage of globalization, International Economics

Assignment Help:

Q. Explain the advantage a and disadvantage of globalization?

Advantages -

1. Economic growth

2. Lower cost

3. Improved availability of goods and services

4. Global prosperity and flow of productive resources

5. Incentive forresearch and adoption of innovations

6. Raise cheaper loans

Disadvantages-

1. Unavoidable risks like tradecycles

2. Undue political , economic and cultural risks

3. Problem of heavy debtedness


Related Discussions:- Explain the advantage a and disadvantage of globalization

Protectionism, what are the theories supporting protectionism

what are the theories supporting protectionism

Excessive current account surpluses, Q. Using an equation, explain why gove...

Q. Using an equation, explain why governments prefer to avoid excessive current account surpluses. Answer: This pursue from the national income identity S = CA + I which says

Show temporarily monetary expansion, Q. Using a figure, show that under ful...

Q. Using a figure, show that under full employment, a temporary fiscal expansion would increase output (over-employment) but cannot increase output in the long run. Answer: A t

What are floating rate notes, What are floating rate notes? Explain the var...

What are floating rate notes? Explain the various types of FRNS FRNs are bonds that do not carry a fixed rate of interest. The various forms of FRNs are : Perpectual FRN Minmax

INTERNATIONAL MEASUREMENT FOR ECONOMIC DEVELOPMENT, WHAT ARE THE ROLES OF F...

WHAT ARE THE ROLES OF FOREIGN TRADE IN ECONOMIC DEVELOPMENT

Migration model of todaro and harris, Q. The migration model of Todaro and...

Q. The migration model of Todaro and Harris provided an important theoretical critique of the manufacturing-biased import-substitution trade-policy stance. Illustrate. Answer:

Sovereign wealth funds on gdp, In as much as Sovereign Wealth Funds (SWFs) ...

In as much as Sovereign Wealth Funds (SWFs) are established to achieve national objectives, the intentions of the United Arab Emirates -- one of the world's largest -- are open to

Comparatitve advantage, what are the limitation of comparative advantage?

what are the limitation of comparative advantage?

Explain the credibility theory of the ems, Q. Explain the credibili...

Q. Explain the credibility theory of the EMS. Answer: In this approach the other EMS countries in effect imported the credibility of the German central bank in fightin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd