ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -At the global level, international trade activities contribute to global warming, with significant emissions of carbon dioxide, black carbon and other pollutants.

Detailed explanation-2: -Globalization increases medical access for people and countries that may not have access or may not be able to afford care. It also increases the world’s knowledge and allows for collaboration between nations. The main disadvantage of health globalization is the rapid spread of diseases.

Detailed explanation-3: -Globalization, the flow of information, goods, capital, and people across political and geographic boundaries, allows infectious diseases to rapidly spread around the world, while also allowing the alleviation of factors such as hunger and poverty, which are key determinants of global health.

Detailed explanation-4: -Globalisation of trade offers immediate benefits: faster growth, higher living standards and new economic opportunities. On the downside, not all countries have benefited equally from the globalisation phenomena.