What are the Disadvantages of Globalisation?

-Some Goods and Services getting more Expensive due to Demand Pull Inflation. -Economic Dependency can occur, leading to Instability. -More World Trade can lead to More Global Imbalance of Payment Accounts. One Surplus is another's Deficit -Specialisation leads to Overreliance on few Industries which can be Risky -Global Competition may be too much for Domestic Industries