Advantages:

Cheaper goods

Greater consumer choice

Greater interdependence between countries

Greater efficiencies

Economic growth

Greater cultural exchange

Disadvantages:

Environmental damage caused by global trade

Loss of traditional industries

Structural unemployment

Merging of cultures and identities

Overpowerful multinational corporations

Michael's profile picture
Verified
Michael Comba
·

694 students helped

·

2 years ago


Similar questions in General

English

Asked by Cristina

What is a feminine rhyme?

English

Asked by Cristina

What is a masculine rhyme?

French

Asked by Wenli

This is my questions for you

Tutors who could help with undefined

Tutors who could help with undefined