Developed countries want developing countries to liberalise their trade and investment so that the MNCs of the developed countries can set-up their manufacturing centres in developing nations. This greatly reduces their manufacturing costs and increases their profits.
In my opinion, the developing countries should demand, in return, strict enforcement of labour laws so that they hire skilled and unskilled people of the developing countries properly thereby reducing unemployment.

It is true that the impact of globalisation has not been uniform. This can be explained through the following points
(i) Globalisation has increased the sale of consumer goods which are demanded by only a small section of people in developing countries like cell phone, automobile, soft drinks. Large section is still deprived of basic necessities.
(ii) Globalisation increases the concentration of economic power and leads to inequalities. It is mainly beneficial to large capitalists, industries and large companies like google. The small scale producers and workers have suffered as a result of rising competition.
(iii) Globalisation has changed the nature of employment as now workers are hired on temporary basis and their jobs are no longer secure.

Multinational Corporations or MNC is a company that owns or controls production in more than one nation.

It refers to the physical quantities of goods exported plus imported in a year

Species Economic Zones or SEZs are industrial zones set up by the government having world class facilities such as electricity, water, roads, transport, storage, recreational and educational facilities. Companies who set up production units in SEZs are exempted from taxes for an initial period of five years.

A MNC sets up its production where it is close to the markets, where there is skilled and unskilled labour available at low costs and where the availability of other factors of production is assured.

As a result of the invasion of Chinese toys in the domestic market, the sale of Indian toys falls.

Globalisation benefited the well-off consumers as there is greater choice before these consumers who now enjoy improved quality and lower prices for several products. As a result, these consumers, today, enjoy much higher standards of living than was possible earlier.

Indian government has taken special steps to attract the foreign investors to invest in India. Industrial Zones called Special Economic Zones (SEZs) are being set up for the same purpose. SEZs are to have world class facilities such as electricity, water, roads and transport.

(a) A Multi-National Corporation (MNC) is a company that owns or controls production in more than one nation. The goods and services are produced globally. They production process is divided into small parts and spread out across the globe.
(b) Tata Motors (automobiles), Infosys (IT), Ranbaxy (medicines), Asian Paints (Paints), Sundaram Fasteners (nuts and bolts), etc. are some of the Indian companies which are spreading their operations worldwide as MNCs. Harmful effects of MNCs to a host country:
(1) Small producers compete or perish: MNCs have posed major challenges for a large number of small producers and workers. The small manufacturers have been hit hard due to competitions. Several of the units have shut down rendering many workers jobless. Batteries, taps, tyres, dairy-products, vegetable oil are some of the industries that are badly affected due to stiff competition from MNCs.
(2) Uncertain employment: In order to maximize the profit MNCs look for a location with minimum labour costs. Faced with competition, most employers these days prefer to employ workers on temporary basis so that they do not have to pay workers these days prefer to employe workers on temporary basis so that they do not have to pay workers for the whole year. This has changed the lives of workers and their jobs are no longer secure.
(3) The Condition of employment: Workers also have to put in very long working hours and work night shifts on a regular basis during the peak season. Wages are low and workers are forced to work overtime to make both ends meet. The workers are denied their fair share of benefits and no longer get the protection that they enjoyed earlier, for example, the Indian garment export industry often deny their workers their fair share of benefits. 

Globalisation is the process of rapid integration or inter-connection among countries. Over the last 20-30 years, these has been a tremendous increase in globalisation with the increase in the number of MNCs. Role of MNCs in promoting globalisation process:
(1) MNCs set up production centres worldwide where cheap labour is available, markets are near and government policies are favourable
(2) They supply produced goods to different countries.
(3) Countries of the world have come closer due to increased movement of people between countries.
(4) MNCs provide money for additional investments for faster production.
(5) MNCs bring with them the latest technology and know-how for enhancing and improving the production process. 

Indeed the development in the field of information and communication technology has been very remarkable. Information and communication technology has facilitated the spread of production of services across the globe. Telecommunication facilities like telephone, mobile phones and fax are used to contact one another around the world, to access information instantly and to communicate from remote areas. It is globalisation, which has created new opportunities for companies providing services, especially those involving information technology. Call centres across the country are an example. Not only that, a number of other services like data entry, accounting other administrative tasks are now being done cheaply in India and are exported to the developed countries.

The improvement in technology has stimulated the globalisation process as:
(a) There has been many improvements in transport technology in the recent years that have enabled faster delivery of goods across the world.
(b) Development of information technology in the areas of telecommunication, internet has revolutionised the world.
(c) Use of telegraph, mobiles, fax have enabled easier access to information anywhere at any point of time.
(d) All these developments have further decreased the cost of their operations favouring the consumers around the world.