Globalization has both supporters and critics, with some groups wary of its effects on wages and control by multinational corporations.
Globalization can have both positive and negative impacts, and there are various groups that may not welcome it. Critics of globalization include workers in countries that lose capital, as they may experience a decrease in real wages. Additionally, low- and middle-income countries have historically viewed openness to global flows of goods and services negatively, fearing economic losses and loss of domestic political control to powerful multinational corporations.
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