What refers to globalisation which creates opportunities?

Answer: fair globalisation is your answer.

How can the government ensure that globalisation is fair and its benefits are shared in a better?

Negotiation at the World Trade Organization (WTO) for fairer rules is also a way that can be adopted by governments. This can be achieved by aligning with other developing countries with similar interests in order to fight against the domination of developed countries in the WTO.

What is meant by fair globalization?

Fair globalisation refers to the status where the benefits of globalisation are equally distributed among the developing and developed nations. All positive and negatives aspects of development are enjoyed by both rich and the poor nations.

Which of the following contributes to globalisation?

Increase in foreign trade, migration of people, spread of technology, capital flow, private and public investments from foreign countries all together contribute to globalisation.

What are the economic benefits of globalization?

In general, globalization decreases the cost of manufacturing. This means that companies can offer goods at a lower price to consumers. The average cost of goods is a key aspect that contributes to increases in the standard of living. Consumers also have access to a wider variety of goods.

What is globalisation How can the government ensure fair globalization?

Answer: (a) Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people by · ensuring that the labour laws of the country are followed so that workers are not exploited.

What is the role of government for fair globalisation?

The government can play a major role in making globalisation fair: (i) By making policies that protect the interests not only of the rich and the powerful but of all the people in the country. (ii) It can ensure that labour laws are properly implemented and the workers get their rights.

What do you mean by fair globalisation Brainly?

Answer: Fair globalisation means creating equal opportunities for all and also ensuring that the benefits of globalisation are shared in a better way. Kaneppeleqw and 28 more users found this answer helpful. Thanks 13. 4.1.

Is Globalisation an opportunity or threat?

Globalization offers extensive opportunities for truly worldwide development but it is not progressing evenly. Some countries are becoming integrated into the global economy more quickly than others. Countries that have been able to integrate are seeing faster growth and reduced poverty.