CHEAP LABOUR/JOB DISPLACEMENT
Countries lose jobs as production goes overseas
ENVIRONMENTAL DEGRADATION
Causes pollution and waste
POLITICAL CONFLICT
Breed economic instability between nations and destruct trading relations
GLOBAL RECESSION
Countries become interdependent, likelihood of increase in economic declining
INCREASES ECONOMIC GROWTH
Better living standards, higher incomes, more wealth in a country, and less poverty
PRODUCTION IS AFFORDABLE
More goods available at a wider range of price points
INTERDEPENDENCY
Countries are reliant on each other
JOB OPPURTUNITIES
Productions move from high cost to lower cost locations abroad
DIVERSITY
Access to new cultures