Globalization: Exploring Economic Impacts, Trade, and Sustainability

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Added on  2023/01/23

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This report examines the multifaceted effects of globalization. It explores both the advantages and disadvantages, providing a balanced perspective on its impact. The analysis includes a discussion of comparative advantages, trade dynamics, and the role of subsidies, particularly in agriculture and renewable energy sectors. The report also highlights the impact of globalization on developed and developing countries, supported by facts and figures. Specific attention is given to how globalization benefits small countries and businesses. The report provides insights into globalization, with a focus on economic impacts and sustainability.
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EXECUTIVE SUMMARY
Positive and Negative cases covering
advantages and disadvantages of
Globalization
Comparative Advantages
Facts and Figures
Small Countries and business benefitted due
to Globalization
Terms of trade
Subsidy in Agriculture induced by globalization
Subsidies in solar/wind energy
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REFERENCES
POLOGEORGIS, N. (2019). How Globalization Affects Developed Countries.
[online] Investopedia. Available at:
https://www.investopedia.com/articles/economics/10/globalization-developed-
countries.asp [Accessed 20 Apr. 2019].
UKEssays.com. (2019). Positive and negative effects of Globalization. [online]
Available at: https://www.ukessays.com/essays/economics/positive-and-negative-
effects-of-globalisation-for-business-economics-essay.php [Accessed 20 Apr.
2019].
Bhasin, H. (2019). What is globalization? Positive and Negative Effects of
Globalization?. [online] Marketing91. Available at:
https://www.marketing91.com/what-is-globalization/ [Accessed 20 Apr. 2019].
The Balance. (2019). Is Globalization Good or Bad for Developed Countries?.
[online] Available at: https://www.thebalance.com/globalization-good-or-bad-for-
developed-countries-4011193 [Accessed 20 Apr. 2019].
Open Textbooks for Hong Kong. (2019). Positive effects of globalization for
developing country business. [online] Available at:
http://www.opentextbooks.org.hk/ditatopic/7202 [Accessed 20 Apr. 2019].
Raza, M. and Elahi, M. (2019). Globalisation, energy usage and sustainability.
[online] Ideas.repec.org. Available at:
https://ideas.repec.org/p/pra/mprapa/59323.html [Accessed 20 Apr. 2019].
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