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