Question
Explain any four main objectives of globalisation.

Answer

Following are the main objectives of globalisation are as follows:
  1. Reduction of trade barriers to liberalise world trade.
  2. Serves as a platform for countries to raise their concern regarding the trade policies of their trading partners.
  3. To enlarge production and trade of services.
  4. To ensure optimum utilisation of world resources.
  5. To protect the environment. To provide greater market access to all member countries.

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