Question: What is the author\'s stance on globalization as presented in the passage?

Options:

1. Globalization is entirely beneficial for all countries.
2. Globalization has both positive and negative effects.
3. Globalization should be avoided at all costs.
4. Globalization only benefits developed nations.

Correct Answer: Globalization has both positive and negative effects.

Solution:

The passage presents a balanced view of globalization, acknowledging its advantages while also recognizing its drawbacks.