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Impact of globlisation on economy

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Anonymous

14y ago
Updated: 8/16/2019

Positive impact.

1) Flow of goods & Services

2) Capital flow (Financial capital flow, Foreign ownership of Biz & Foreign Direct Investment benefits economy e.g. aid technological transfer, expose to best management practices etc)

3) human Flow. E.g. increased supply of workers, price of labor fall. Avaliability of highly skilled workers etc.

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Wiki User

14y ago

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