Locate the following in the map of the world.

i) china ii) japan iii) Brazil iv) South Africa

Why do developed countries want developing countries to liberalize their trade and investment? What do you think should the developing countries demand in return?

“The impact of globalization has not been uniform.” Explain this statement.

How has liberalization of trade and investment policies helped the process of globalization?

Globalization will continue in the future. Can you imagine what the world would like twenty years from now? Give reasons for your answer.