Which of the following is an argument for globalization? Globalization and competition for foreign direct investment (FDI) Growing strength of civil society The growing power of multinational companies Income inequality Question 16 2 pts Which is an argument against globalization? O All of the above Loss of cultural identity O Globalization and competition for foreign direct investment (FDI) O None of the above

Question 15

An argument for globalisation

The growing power of multinational companies.

Due to globalisation, government intervention reduces and firms and companies can work more independently. Businesses can set up in countries where they find more profit. It it beneficial for both, consumers as well as producers.

Question 16

An argument against globalisation

All of the above

Globalisation increases competition due to which foreign direct investment declines. Also, cultural identity is lost. The ancient culture and history of countries has faded in the past decades.