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Explain how the global trade affects many aspects of life. -

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प्रश्न

Explain how global trade affects many aspects of life.

थोडक्यात उत्तर

उत्तर

Global trade affects the environment, health, and well-being of the people.

  • Due to competition between countries to trade more, production and the use of natural resources have increased.
  • Resources are used faster than they can renew themselves. As a result, marine life and forests are depleting fast.
  • Multinational corporations trading in oil, gas mining, pharmaceuticals, and agri¬business are exploiting local resources and creating more pollution.
  • The Health and well being of people is affected due to pollution and depletion of resources
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History of International Trade
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