The document outlines some of the advantages and disadvantages of globalization. The advantages include easier communication through advances in technology, advances in science, increased business opportunities, easier migration, exchange of cultures through reduced barriers, and more employment through large international companies. The disadvantages are a greater risk of epidemic diseases spreading, smaller companies facing more difficulty surviving economically, a higher probability of wars starting between developed countries, Europeans losing jobs to cheaper foreign labor, rich countries exploiting poor countries, and intense global competition.