The new global economic in the new world had great. The trade now
increasing than before by globalization.
Globalization on the one hand has bad effects it is unequal production costs around the world create problems, so the producer can not keep or stay their work open , they close down and put their employees out of work. Lost millions of jobs disappear and appear unemployment.
On the other hand it has good effect that producer everywhere work to provide good and services which have special enough and cheap enough and poorer nations have rising standard of living and consumers around the world cheaper products and wider choices. In my opinion it is has disadvantages this is because the world it will be survival for the best and the strongest