Assess any three advantages of globalisation.

Merits of globalisation are :Local companies which supply raw materials to MNC's have prospered. Globalisation has enabled large Indian companies to emerge as a multinational. For example- Tata motors, Infosys etc. Globalisation has also created new opportunities for companies providing services, particularly those involving IT. Better quality of products arising from increased competition. Increases the purchasing power of an individual. Best practises of production gets disseminated across political boundaries.