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Gliobalization is the connection of different parts of the world. In


economics, globalization can be fined as the process in which
businesses, organizations, and countries begin opeating on an
international scale. Globalization is most often used in an econmic
context, but it also affects and is affected by politics and culture.
In general, globalization has been shown to increase the standard of
living in developing countries but some analysts warn that
globalization can have a negative effect on local emergiging economies
and individual workers.
 
According to National Geographic in an article , 2019, Bangladesh
Garment Workers. the garment industry in Bangladesh makes clothes that
are then shipped out across the world. It employed as many as four
million people. but the average workers earns less in a month than a
U.S. worker ears in a day."effecrs of economic glabalization.
 
some skeptical about the wider integartion into the global economy and
foreign cultures.
 
TARIFFS AND NONTARIFF REFORMATION-
invesmtnets, innovation, employment generation and sustainable
domestic resource mobilization
 
facilitation of the export of goods by prioritizing customs clearance
of perishable products
more businesses in the formal sector
access to import and export markets
better access to bank loa

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