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High demands - increased pollution

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international firms being larger than governing bodies making them able to 'be above the law'

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exporting wealth from countries with primary and secondary industries

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already powerful nations gaining further presence in foreign markets that initiate as economic growth, become political

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Creating a product in your own country to sell to citizens, can sometimes be limiting due to geographical, political or other factors, while being able to sell to other customers in foreign countries might be a better match.

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Having the power to bargain for the collective good. For ex. setting sanctions on a nation for invading a country. (wink wink nudge nudge)

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The rich become richer, the poor become poorer

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The rich become richer, the poor become poorer

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The high competition on the market brings increase in offering more choices for the customers, what makes them more satisfied.

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Cheaper ressources across a supply chain

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Cheaper ressources across a supply chain

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Allowing the supply chain to be able to buy ressources from countries, where ressources are natural or they are market leaders, can potentially allow for a lower price, increasing your companies profits.

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Can offer greater opportunity for people to tap into more and larger markets around the world. It means that they can have access to more  technology, cheaper imports, and larger export markets.

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Supplychain is crucial for production for countries - effects everybody

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Competitive Powers from foreign competitors

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Competitive Powers from foreign competitors

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Allowing international competition between companies can potentially force sales prices down, especially from countries where labor/ressource prices are lower

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Companies have access to more resources, both in terms of materials as well as labor, in order to further their product research and development, increase productivity and decrease cost