Explain how globalization poses a threat to national soverei
Explain how globalization poses a threat to national sovereignty?
Solution
Globalization- Globalization is scenario in which one organization doing business in other nation and world is become a market where no restriction for doing business.
In globalization there is not barriers of entry or exist of company in any nation. Firms can easily enter in other country market.
Global companies like Apple Inc, Amazon, General motors, British motor work (BMW),Audi, Reebok, Nike etc and these companies has huge capital and financial as strong as any nation.
These companies can easily influence the any nation political systems, policies and procedures.
There companies have strong hold over the market and they easily destroy the domestic business of any nations.
As by the following way globalization poses a threat to national sovereignty –
