REASONS OF GLOBALIZATION To get technological and managerial know-how of other countries due to their advancement. To reduce high transportation costs if one goes globally. To be close to raw materials and to markets for their finished products. The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.

Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
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Can you give an example (Philippines) that is easier to understand about "Reasons of Globalization?"

 

REASONS OF GLOBALIZATION

  1. To get technological and managerial know-how of other countries due to their advancement.
  2. To reduce high transportation costs if one goes globally.
  3. To be close to raw materials and to markets for their finished products.
  4. The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.
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