The concept of Globalisation by integrating nation states within the theme work of World Trade Organisation (WTO) is an alternative version of the ‘Theory of Comparative Cost Advantage’ propagated by the classical economists for assuming unrestricted flow of goods between the countries for mutual benefit, especially from Great Britain to other less developed countries or to their colonies.The term globalization usually refers to economic matters, however there is a wave of effects that makes the impact of globalization broader culturally and socially.Cultural, ideas and customs soon follow shortly after the exchange of goods cross-national boarders (Kluver).it is best thought of as a multi-dimensional phenomenon involving diverse domains of activity and interaction including the economic, political, technological, military, legal, cultural and environmental." (1996, 340) Clearly, the changes which Globalization stands to introduce can be sweeping and they are not uniform in that there are bound to be contra...This process combines economic, social, cultural and political forces. While it yields visible benefits economically, the argument is that the cultural, and sometimes economic, conditions of weaker countries tend to suffer. Although it is true that some unique cultural aspects are drowned in the process of globalization and free trade, it should be up to the discretion of the people to decide whether or not to accept Western culture. "Globalization promotes integration and the removal not only of cultural barriers but of many of the negative dimensions of culture," as sai...For example, international trade has caused the spread of most religions, such as Christianity, to Central Asia, Eastern Europe, and America (Masuda 67).Cultural globalization does not only affect people in remote places of the world, it is also occurring on our homeland.Another characteristic of globalisation is the control of economic activities by domestic market and international market.It also established coordination among the national economy and world economy. Thus the globalisation of the economy simply indicates interaction of the country relating to production, trading and financial transactions with the developed industrialized countries of the world. By the term globalisation we mean opening up of the economy for world market by attaining international competitiveness.