How do economic forces facilitate the deepening of globalization?

The frequent increase in competition in the domestic market compels organizations to go global. Thus, various organizations enter other countries (for selling goods and services) to expand their market share. They export goods in foreign markets where the price of goods and services are relatively high.

(Thinks : here’s a guy who thinks he understands what economics is, what economic “forces” are, what they can “force someone” to do, that globalisation is something they undestand, that it can become “deeper” in some unspecified sense, and they have some opinion on whether or not this is a good idea. OK.)

All economic activitity takes place in a market for scarce goods. The scarcity can never be eliminated, only ameliorated. If the supply rises, to swamp or satiate demand, then the price falls, and some suppliers get priced out of the market: so supply gets restricted. Utopian fantasies of there ever being a surplus of anything, let alone everything, are just that - a bit like Smaug’s cave of gold. No explanation for why a dragon should “want” to hoard gold - but then Tolkein was not an economist - so don’t go there.

So: “deepening” or more extensive globalisation, if it is the unforced extension of the market, (willing buyer, willing seller, all the usual caveats apply) is only going to be a net improvement. And the automatic, non governmentally “enhanced” impact of exclusively “economic forces” is the only legitimate excuse for more globalisation. And the only valid cause.

Explanation:

answer:

sorry di kopo qlam sorry

answer:

The frequent increase in competition in the domestic market compels organizations to go global. Thus, various organizations enter other countries (for selling goods and services) to expand their market share. They export goods in foreign markets where the price of goods and services are relatively high.

Explanation:

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Hi! The frequent increase in competition in the domestic market compels organizations to go global. Thus, various organizations enter other countries (for selling goods and services) to expand their market share. They export goods in foreign markets where the price of goods and services are relatively high.

The frequent increase in competition in the domestic market compels organizations to go global. Thus, various organizations enter other countries (for selling goods and services) to expand their market share. They export goods in foreign markets where the price of goods and services are relatively high.

The frequent increase in competition in the domestic market compels organizations to go global. Thus, various organizations enter other countries (for selling goods and services) to expand their market share. They export goods in foreign markets where the price of goods and services are relatively high

Explanation:

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The partnership of two or more countries for economic businesses become more popular this modern time. In Asia, there are stable organizations that usually meet every year so they can interchange the interest of technology, business startups and other related economic issues. It deepens the globalization to importation and exportation either the intellectual property, product, manpower or other services.

The political will and private organizations' advocacy play an important role to deepen the globalization. One example is the foundation of Korean language school that will provide education for the aspiring workers to apply in Korea for a job. The POEA also granted to facilitate the legitimacy of this overseas workers.

When the government started to make an open negotiation with foreign investors, it resulted into globalization. The mass hiring of Filipino to work on a foreign business in local land, it created the Filipino's working culture. It increases the chance for those Filipino to excel in global market such as in fashion and entertainment.