Sangeetha Pulapaka

Advantages of Globalization: -

1. It leads to increased free trade between nations and hence Goods and services produced in one part of the world are increasingly available in all parts of the world.

2. Compani have greater flexibility to operate across borders and hence they can make profits through domestic as well as international operations and also they can have access to cheaper capital from other countries if rate of interest is low and also cheaper labor and hence it ultimately increases the margin for the company.

3. It also leads to greater employment opportunities for the people and also consumers get quality goods at competitive rates.