GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increased freedom to travel and immigrate, better access to medicine, information, and technology.
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Lower prices for developed countries and low paying jobs in underdeveloped countries
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Less pollution in the world
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All of the above
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Detailed explanation-1: -Globalization boosts technological development First, globalization allows countries to gain easier access to foreign knowledge. Second, it enhances international competition-including as a result of the rise of emerging market firms-and this strengthens firms’ incentives to innovate and adopt foreign technologies.
Detailed explanation-2: -Globalization has created easier and more affordable ways to travel. This means that tourists can now choose from a wide range of destinations, leaving behind developing countries that may not have the infrastructure or technology needed to welcome a large amount of visitors.
Detailed explanation-3: -Economic Growth. It’s widely believed that increased globalization leads to greater economic growth for all parties. Increased Global Cooperation. For a globalized economy to exist, nations must be willing to put their differences aside and work together. Increased Cross-Border Investment. 01-Apr-2021