What are the pros and cons of globalization?

In your own words, define globalization.
What are the pros and cons of globalization?
Who is advantaged by globalization, and who is disadvantaged?
In your opinion, is globalization a good thing, or a bad thing?
Requirements:Initial posts should be a minimum of 250 words. Each student must also respond to a minimum of two fellow students’ posts; each response must be at least 100 words in length. Responses to each question should draw on key concepts you have learned during the week’s reading. All written assignments must be in the student’s own words, MUST include citations (in proper APA format) giving the source credit for ANY paraphrases or direct quotes based on published authors’ work.