SSC MTS EXAM

Detailed explanation-1: -Globalization relates to an economic term used to describe the creation of a single global economy without borders. A large percentage of economists argue that globalization is going to improve trade, thus, helping more nations to grow economically.

Detailed explanation-2: -The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.