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What is Globalization of markets?

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Anonymous

7y ago
Updated: 9/10/2021

The benefits derived while doing trade worldwidely.

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Gabriella Roob

Lvl 10
3y ago

What else can I help you with?

Related Questions

What does Globalization and trade liberalization do to markets?

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What is the name given to the process of creating world wide business and markets?

Globalization


What is the antonym for globalization?

The antonym for globalization is localization, which refers to focusing on local or regional markets and cultures rather than global integration.


Impact of globalization on strategic management plan?

Today. everything has changed, globalization. the internationalization of markets and corporations. has changed the way modern corporations do business.


Def. to globalization?

Globalization refers to a process that expands a business reach overseas. Many businesses find that they make more money by expanding to overseas markets.


What are the positive impact of globalization In Ethiopia?

Globalization allows resources to be moved into areas where they are needed, providing an effective way to deal with large-scale shortages for the first time in history. But globalization has encouraged farming in such areas to grow crops for lucrative western markets instead of the foodstuffs needed for less well-paying local markets.


What would be a positive effect of globalization?

Globalization is positive for the devolepd countries where they can have new markets but not for the poor countries. Because the markets for poor countries flooded with cheap products where local producers unable to sell their local products which will have negative impact on the local economy.


How has globalization affected farmers in LDCs?

Generally globalization would not help farmers in lesser developed regions as with globalization bigger corporations will have access to sell their products in those lesser developed regions. But farmers can also use globalization to their benefit by selling their goods and expanding their markets elsewhere through the means of globalization and industrialization.


What is the consequences of globalisation on Nigerian economy?

Globalization has made it possible for Nigerian businesses to find markets abroad. Globalization has also ensured that Nigerians get products and services that are not available locally.


Globalization changes the landscape of the financial markets?

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Globalization and its effect on agriculture?

Globalization refers to international integration mainly for business purposes. This mainly has a positive effect on agriculture since farmers have ready markets across the globe to sell their produce.


Key drivers of globalization and they impact on developing markets?

Technology that creates the ability for greater connectivity has an impact on globalization. Developing nations have the ability to compete on the International marketplace against larger firms.