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  • What Is Globalization

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    Angelica Mae Cornejo
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    Globalization is the global integration of trade, investment, information, technology and cultures which benefits countries by promoting growth and development. It allows corporations to lower costs through access to cheaper materials and labor while expanding into new markets. The current global economic system evolved through the increasing economic globalization that has integrated world markets.

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    Globalization is the global integration of trade, investment, information, technology and cultures which benefits countries by promoting growth and development. It allows corporations to lower costs through access to cheaper materials and labor while expanding into new markets. The current global economic system evolved through the increasing economic globalization that has integrated world markets.

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    28 views1 page

    What Is Globalization

    Uploaded by

    Angelica Mae Cornejo
    Globalization is the global integration of trade, investment, information, technology and cultures which benefits countries by promoting growth and development. It allows corporations to lower costs through access to cheaper materials and labor while expanding into new markets. The current global economic system evolved through the increasing economic globalization that has integrated world markets.

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    © All Rights Reserved
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    What is globalization? Is it beneficial? Why or why not?

    Globalization is the global integration of the international trade, investment, information, technology
    and cultures. It is beneficial in the growth and development of countries. Through globalization,
    corporations can gain competitive advantage from lower operating costs, and access to new raw
    materials and additional markets.

    How did the economic system of the world evolve?

    The economic system evolves through economic globalization.

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