Challenges And Opportunities Which Globalization Presents To The Nigerian Economy - SS3 Economics Past Questions and Answers - page 1
What is a key challenge that globalization presents to the Nigerian economy?
Decreased competition
Dependence on exports
Equal distribution of benefits
Reduced environmental concerns
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What is an opportunity that globalization presents to the Nigerian economy?
Increased competition from companies based in other countries
Dependence on a single export
Foreign investment
Environmental concerns
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What is a challenge that globalization presents to Nigerian businesses?
Increased access to markets
Technological advancements
Increased competition from companies based in other countries
Cultural exchange
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What is an opportunity that globalization presents to Nigerian culture?
Increased inequality within Nigeria
Unequal distribution of benefits
Environmental concerns
Cultural exchange
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What is a policy that Nigeria can adopt to maximize the benefits of globalization?
Depend solely on oil exports
Ignore technological advancements
Promote sustainable development
Reduce access to markets
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List two examples of challenges that globalization presents to the Nigerian economy.
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List two examples of opportunities that globalization presents to Nigerian businesses?
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