A short essay answering the question posed above.© BrainMass Inc. brainmass.com October 9, 2019, 11:43 pm ad1c9bdddf
Globalization can lead to more competition in the market because it allows for foreign companies to enter the market and compete with local companies. For example, Chinese shrimp imported into Canada will compete with Canadian producers and create price competition, which would increase the amount of shrimp in the market, lower the price and improve the lot of consumers who eat shrimp. It is ...
Globalization effects are presented.