Take a position in support of globalization and answer below


Take a position in support of globalization and answer below
Is it ever freer movement of people, goods and services around the world?
IMF, WORLD BANK and WTO?
Is free trade good for everyone?
Increased military presence?
Barriers?
Is there inequality or disparity in trading partners?
GDP, living standards, life expectancy, wealth and personal freedoms of the citizens of the countries trading in the global market place and those who do not has the percentage of people living in poverty around the world changed due to globalization and how?
Debt load, is it good or bad?
I want an answer in which all the benefits of all above said components are depicted in the favor of globalized economy?

Solution

Globalization is a very broad term it means interaction and integration between the people, companies and goverment of different nations.

It enhances the free flow of people, information , technology, resources, manpower between the various nations across the globe.It has the efficiency to increase the internaltional trade and exchange of culture

International trade leads to foreign currency and foreign investment into projects which inturn boost our economy and GDP increases manyfolds.

Percapital income determines the living standard . By globalization there is generation of better jobs which increases the living standard.

Business , production, jobs, living standard , technology all gets benefited by globalization.

 Take a position in support of globalization and answer below Is it ever freer movement of people, goods and services around the world? IMF, WORLD BANK and WTO?

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