Using examples discuss and illustrate the arguments supporti

Using examples, discuss and illustrate the arguments supporting and opposing globalization of trade and investment.

Solution

globalization has given a chance to integrate all the economical and financial markets around the world. because of this only every country is doing business with other nations. what ever they are able to producing, are able to export other nations and what ever they are lacking of importing those. with this every nation is able to enjoy the service of good product and service. an Indian is able to purchase an APPLE phone and an American is able to get Indian Cotton Shirt.

rich nations are able to invest their capital in developing countries and helps them to develop. technological rich nations are selling their technology to the developing nations and they are importing some other goods what ever they are looking for. when the capital and technology flowing to the developing nations, they can create some aditional employment and it helps to increase the standard of living of its citizens. it will become a developed nation sooner.

the other side of the globalization is only the rich and developed countries are dominating the poor nations. and they are playing with the autonomy of the nations. they are questening the sovergnity of those of . recent example is war against Iraq by US and even in Afghanistan. total market is dominating by the big players only. the small players are can not compete with the big and global players. one example is Wallmart in Indian retail sector. if the market is dominated by one or two big players, the all remaining players can not be exist in the competition. and it leads to monopsony in the market.