(a) What is globalisation? How can government ensure fair globalisation to its people? Give two points.
(b) What values/lesson have your learnt from the given.
(a) Globalisation means unification on integration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalisation to its people by
(i) ensuring that the labour laws of the country are followed so that workers are not exploited.
(ii) supporting small producers to improve their performance so that they remain viable in the face of competition from
(iii) rules aligning with other developing countries for better trade terms. MNCs,
(iv) negotiating with WTO for fairer
(b) Form the above questions I have learnt, the values of fairness, equality and cooperation.