Well each and every country would benefit and harm from the effects of globalization to some extent. For Ethopia its demerits and merits are as follows:
Demerits:
The local industry will lag behind
Local products will suffer
Merits:
Availability of global products
Imported products will become cheaper
More and more competition to boost the local industry
Demerits:
The local industry will lag behind
Local products will suffer
Merits:
Availability of global products
Imported products will become cheaper
More and more competition to boost the local industry