Which of the following are the advantages of globalisation?

A. Increased competition will make firms more sensitive to cost and volume and to innovate.

B. A free economy increases innovation with new ideas from abroad.

C. Liberalization and global competition increase consumer choice and consumer surplus.

D. Developing countries may be more vulnerable to the harmful effects of globalization.

E. Globalization provides vast domestic and global opportunities for firms in developing countries.

Choose the correct answer from the options given below: