Pros and Cons of Globalisation

Pros

• Better relations between people 
• Time and space convergence seemingly shrinks the world. Tea
• Integration of economies and cultural systems across the globe 
• An opportunity for economic growth and democratic freedom 

Cons

• In some instances, the world can appear even bigger. An example would be Pacific islands, who were once connected to the world through shipping but are not left isolated as new technologies such as airplanes exist. 
• Allows for the practice of illicit trade which corrupts entire government, and leads to money laundering practices 
• Dominance of developed countries in decision-making at the expense of poorer, less powerful nations 
• Environmental devastation and exploitation of the developing world and the suppression of human rights 
• The Tuna-Dolphin
• The origin of what became known as the “tuna-dolphin” case was the United States’ Marine Mammal Protection Act (MMPA), which imposed a ban on imports of tuna from countries that did not have a conservation program designed to protect dolphins in the tuna-fishing process.
• the prospect of one country taking actions to interfere with the resources of another country could be abused and lead to innumerable disputes.
•  idea that one country can impose its view of the need for environmental protection on another country’s resources
• the tuna-dolphin case dramatically raised the stakes in the debate over the relationship between international trade and the environment because it came at the same time that two major sets of trade negotiations were in high gear-those to create the North American Free Trade Area (NAFTA) and to finish the Uruguay Round in the GATT and create the WTO. The tuna-dolphin case therefore became ammunition for both environmentalists and strict believers in American sovereignty.

Sources 

http://www.globalization101.org/