Question

Why is it possible that globalization will have a negative effective on Africa’s economy?

(Please use full sentences)

Answer 1

- technological flows, clinical advancements, people have more Access to better generation partner degreed clinical approaches etcetera as economies are more linked. - larger competition as their are more TNCs and international banks. - extended extrade with distinct economies as globalization has helped push new extrade blocs, this gives clients more choice. - monetary picks inclusive of interest charges being lessen in an economy, might also have a sway on distinct close to economies as theyll push for their government to lower interest charges.

Step-by-step explanation:

Answer 2

doing an assignment on this at the moment, don't have much yet except:

- technological flows, medical advancements, people have greater Access to better technology and medical procedures etc. as economies are more linked.

- Greater competition as their are more TNC's and international banks.

- increased trade with other economies as globalisation has helped push new trade blocs, this gives consumers more choice.

- economic decisions such as interest rates being cut in an economy, may affect other close economies as they may push for their government to lower interest rates.