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Research the pros and cons of globalization. How can firms and governments help to reduce the effect of globalization’s cons? If you enter the term ‘‘antiglobalization organization’’ into an online search engine, you will be able to locate many arguments against globalization. Now research academic scholarly peer reviewed articles on the topic.

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Answer 1

Answer) pros of globalization

1-) Globalization redues trade barriers, taxes and impoves relations of countries among themselves. It helps for a business to discover new markets and grow exponentially.

2-) Globalization also help talent to be used in different countries where it is required. Talent in underdeveloped countries do not have much work and hence they can go to developed countries to give their inputs.

3-) It helps many countries to get access of different products which might not be available in the home country. This can also include improved Technology which underdeveloped countries can use.

Cons are -

1-) Globalisation has allowed immigrants to come in and work by which people of home country may do not get jobs due to insufficient vacancy.

2-) Multinational corporation selling products in countries may overpower the local brands and thus take all the Money to their countries.

3-) Companies from other country , may not care about the social environment and do injustice to workers.

Government can help to reduce the cons by

1-) Having a limit to which immigrants can enter the market .Govt can also allow a time period for which they can stay giving local people more preference.

2-) Companies can also set up various laws for MNCs for the amount of products they can sell and the taxes which they have to pay.

3-) Setting up various procedures and rules within which Company has to perform and also thinks about the soceity.

Anti Globalisation Organisation can be defined as Organisation which are against capitalism and Globalisation. They for some reason doesn't want to trade with other counties because of currency fluctuations, trust issues etc.