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A. What is globalization, and what are some of the traditional international trade theories that support the concept of globalization? b. List the major drivers of globalization and give three examples of each. c. Explain at least four effects of globalization that impact your community and your organization. d. What are some major regional trading blocs and specify at least two in your region of interest.

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A. What is globalization, and what are some of the traditional international trade theories that support the concept of globalization?

b. List the major drivers of globalization and give three examples of each.

c. Explain at least four effects of globalization that impact your community and your organization.

d. What are some major regional trading blocs and specify at least two in your region of interest.

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Solution Preview

Please check the attached document for more info on the IMF and/or Federal Reserve.

What is globalization?

The new era of business brings about a more global economy. Harknett (2001) states "globalization is the increasing scope, scale and integration of interactions between and exchanges of ideas, peoples, and goods globally. It is usually discussed as a set of forces moving beyond the control of the traditional territorial national state." Although globalization is not a new concept, the advent of new/ faster technologies such as emails, Internet/Intranets, etc. have ...

Solution Summary

A paragraph for each question plus two references.

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