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outsourcing replaces workers in developed nations with workers in developing nations

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Jarred Krajcik

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3y ago

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How does developing countries benefit from globalization?

People in developing countries have access to innovations of the developed world. This includes computers, and cutting edge medical innovations.


What can help less developed countries do to affect domestic innovation?

Developing countries can benefit from an expansion in international trade markets.


Do some countries benefit more from Globalization than others?

Yes, some countries benefit more from globalization than others due to factors such as economic development, infrastructure, and access to technology. Developed nations often have the resources and networks to leverage global markets, while developing countries may face challenges like limited access to capital and education. Additionally, countries with strong governance and regulatory frameworks are better positioned to attract foreign investment and maximize the benefits of globalization. This disparity can lead to increased inequality both within and between nations.


Why have developing countries failed to benefit from the spread of the free trade around the world?

Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.


What is a benefit of trade between two countries?

globalization


Why have many developing countries failed to benefit from the spread of free trade around the world?

Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.


Why have many developing countries failed to benefit from the spread of free trade around the world...?

Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.


Who benefit from globalization?

Countries who want to improve their economy and aim for internal development can benefit from globalization. However, the wealth brought by globalization is not equally distributed and those who are rich gain that phenomenon and the poor actually lost.


What does globalization benefit some countries more than others?

It's a way that express who you are. You may speak many different languages or a few, for example, that's a benefit that globalization gives to you.


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.


Is tourism a benefit for developing countries?

helps the economie


Is globalization a benefit or a problem?

It is both good and bad. It brings less developed countries privileges from more developed countries that they would not have otherwise. It also levels the playing field for countries. Some cultures see globalization as a bad thing because of the Western Ideals that seep into their culture.