![]() The core benefit of globalization is the comparative advantage-that is, the ability of one country to produce goods or services at a lower opportunity cost than other countries. Simply so, is Globalisation good for the world?īenefits. ![]() Some of the positive impacts are: Inward investment by TNCs helps countries by providing new jobs and skills for local people. Globalisation is having a dramatic effect - for good or bad - on world economies and on people's lives. Has Globalisation been good or bad for the world? Has Globalisation been good or bad for the world?
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