How does globalization is affecting the world?

Explanation:

Globalization is affecting the world in the following ways:

Globalization has changed the economy of the world by creating or opening various opportunities for the countries.Globalization has raised the standard of living and life quality.Globalization has boosted the technological advancement and development.Globalization stimulated the spread of information and technology worldwide and it has helped in the growth and development of countries.Globalization is also affecting the world in negative ways such as some of the negative outcomes of globalization are terrorism, instability of price, insecurity of job.

Currently, as of february 2016, an american traveling in france would be by the exchange rate. the weakness of the euro and the strength of the us dollar means that items in france cost less to an american than they otherwise would. of course, if this trend reverses and the us dollar weakens and the euro strengthens, such as was happening in early 2008, an american traveling in france would have an adverse experience because items would cost relatively more.

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