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Advantages of globalization

Answer Text:
Advantages of globalization:
-Encourages transfer of technology between companies and countries.
-It encourages the transfer of capital between countries.
-There is increased research research in order to make the goods competitive in the global market.
-There are increased investment opportunities for companies in the global market
-It results in creation of creation of employment opportunities for locals and foreigners.
-Leads to increase in taxes revenue to government.