What are some of the benefits of Globalization?

You can get the same products and service quality all over the world.

Globalization has great benefits, it has helped countries to engage in free trade by exchanging goods and services, it has increased the movement of labors across countries, it has increased the economies of scale and market competition, and finally it has increased capital flows and investments. 

Globalization creates the following:

1) Widens investment opportunities across geographical boundaries, which in return creates a state of interconnectidness.

2) Eases import and export restrictions which increases economic and trading benefits such as reduced taxation and customs duty. 

3) Reduces cultural and social boundaries.

4) Creates fruitful governmental relations across borders/

Globalization brings

1. Economic and trading benefits.Import/exports increases.Through globalization countries and regions benefit reduced tariffs,trade embargo .Due to trade pacts such as EU,NATO ,countries benefit from trading deals,reduced taxation,customs duty and supply of goods and services.Through trading countries can benefit from the comparative and absolute advantage
2. Globalization brings foreign direct investment into the country which in return create jobs for the invested country or company
3. Social & cultural interaction. Globalization narrows the social and cultural gap.
4. Globalization encourages exchange of ideas,skills,entrepreneurship