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Education Product Quality: Advantages Peaceful Relations

Globalization has led to numerous advantages such as increased employment opportunities, higher quality products, and lower prices due to fierce competition. It has also improved communication, transportation, international trade, travel, and access to external borrowing. Overall, globalization has helped boost economies through greater trade relations and integration of markets.

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Alex Alegre
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38 views3 pages

Education Product Quality: Advantages Peaceful Relations

Globalization has led to numerous advantages such as increased employment opportunities, higher quality products, and lower prices due to fierce competition. It has also improved communication, transportation, international trade, travel, and access to external borrowing. Overall, globalization has helped boost economies through greater trade relations and integration of markets.

Uploaded by

Alex Alegre
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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24/08/2020

Most of the countries have


resorted to trade relations with
each other in order to boost their
economy, leaving behind any
Peaceful
bitter past experiences if any.
Relations
ADVANTAGES
G LO B A L I Z AT I O N PA R T 2

EDUCATION PRODUCT QUALITY


Considered as one of the most crucial Today the customers may compromise with the price range but
advantages, globalization has led to the not with the quality of the product. Low or poor quality can
generation of numerous employment adversely affect consumer satisfaction.
opportunities.
Companies are moving towards the developing
countries to acquire labor force.

1
24/08/2020

CHEAPER PRICES COMMUNICATION


Globalization has brought
in fierce competition in the Every single information is
markets. easily accessible from almost
every corner of the world.

GDP INCREASE TRANSPORTATION

is the money value of the final goods and services Today with various modes of
produced within the domestic territory of the country transportation available, one can
during an accounting year. conveniently deliver the products to a
customer located at any part of the
world.

2
24/08/2020

FREE TRADE TRAVEL AND TOURISM

International trade among different


There are countries which have
resolved to free trade in specific countries also helps in increasing the
regions. This allows consumers to number of tourists that visit different
buy goods and services, places around the world.
comparatively at a lower cost.

EXTERNAL BORROWING
With the help of globalization, there is
opportunity for corporate, national,
and sub-national borrowers to have
better access to external finance, with
facilities such as external commercial
borrowing and syndicated loans.

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