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What do you mean by free and fair globalisation

Posted by Punit Bang 7 years, 2 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 7 years, 2 months ago

Fair globalisation means that the benefits of the globalisation must be shared by all equally.
For fair globalisation, government can have a great role:
1. It can support those producers who are very small and cannot compete with them.
2. They can also check labour laws.
3. If very necessary, government can still use some trade barrier for protection of some small producers.
4. It with other developing countries can negotiate with the WTO for fair globalisation.

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CBSE > Class 10 > Social Science