enlist two consequences of greater foreign investment and greater foreign trade​

Answer:

The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalization is this process of rapid integration or interconnection of markets between countries. MNCs are playing a major role in the globalization process. More and more goods and services, investments, and technology are moving between countries.

Answer:

Concept:

The contact and integration of people, businesses, and governments around the globe is known as globalization (Commonwealth English; see spelling variations). Since the 18th century, globalization has accelerated due to advancements in communications and transportation technologies. The development of international relations has led to an increase in trade as well as an exchange of cultures, ideologies, and beliefs. The main function of globalization is an economic process of connection and integration that has social and cultural components. However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.

Given:

List two effects of increased international trade and foreign investment.

Find:

find the two effects of international trade and foreign investment.

Answer:

Foreign commerce refers to the exchange of products, services, and capital between two nations. An investment in a company made from a source outside the nation is referred to as a "foreign investment."

The production and marketplaces across nations have become more integrated as a result of increased foreign investment and trade. Globalization is the process of quickly integrating or connecting various nations.

The restrictions on foreign investment and trade have been substantially reduced. It also allowed international businesses to establish factories and offices here, making it easier to import and export commodities. Liberalization is the process of removing constraints imposed by the state. Businesses are free to decide what they want to import or export thanks to trade liberalization.

Two effects of increased international trade and foreign investment :

1. Real wages in several industries have been known to decline as a result of international trade, depriving a portion of the population of their wage income. The amount of this impact may be greater than any potential effect resulting from wages, yet cheaper imports can also lower domestic consumer prices.
2. A country's output has a larger market thanks to foreign trade. Exports could improve national output and serve as a growth driver. Expansion of a nation's overseas trade may give an otherwise sluggish economy a boost and set it on the path to prosperity and economic progress.

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