Wednesday, April 22, 2015

What are the advantages of globalisation for medc and ledcs?

What are the advantages of globalisation for medc and ledcs?
One of the advantages of globalization is that there can be workoutsourcing to developing countries. Labor and parts can beacquired at cheaper rates. However, one disadvantage is that it canlead LEDCs to risk its own natural resources like oil andrainforests just to supply for MEDCs.

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