Negative effects of globalization for developing country business Critics of global economic integration warn that Watkins 2002 Yusuf 2001 The growth of international trade is exacerbating income inequalities both between and within industrialized and less industrialized nations Global commerce is increasingly dominated by transnational corporations which seek to maximize profits without regard for the development needs of individual countries or the local populations Protectionist

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it refers to the economic growth of world trade and investment Many companies offer their services globally to expand their market or they use service... View the full answer