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What is meant by fair globalization |
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Answer» \tFair globalisation means that the benefits of the globalisation must be shared by all equally.\tGlobalisation has two sides - the positive and the negative. If a balance has to be brought about we should strive towards fair globalisation.\tFor fair globalisation, government can have a great role:\tThe government can support those producers who are very small and cannot compete with them.\tIf very necessary, government can still use some trade barrier for protection of some small producers. Fair globalisation means that the benefits of the globalisation must be shared by all equally. Globalisation has two sides - the positive and the negative. ... For fair globalisation, government can have a great role: The government can support those producers who are very small and cannot compete with them. |
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