Globalization
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What is globalization and what are some of the traditional international trade theories that support the concept of globalization?
List the major drivers of globalization and three examples of each?
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What is globalization and what are some of the traditional international trade theories that support the concept of globalization?
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Definition:
Globalization refers to the worldwide phenomenon of technological, economic, political and cultural exchanges, brought about by modern communication, transportation and legal infrastructure as well as the political choice to consciously open cross-border links in international trade and finance.
The International Monetary Fund defines globalization as "the growing economic ...
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- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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