Globalization: international trade theories, drivers, effect
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Prepare comprehensive responses to the following questions:
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.
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Use APA format (cover sheet, citations, reference page). In-text citations are necessary in APA papers. Spell and grammar check please.
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Globalization
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.
Globalization refers to greater amalgamation of economies around the world going across the boundaries of the nation state. It means greater international trade and flow of capital. It also means a greater exchange of culture, technology and ideas across national borders. Globalization refers to the international integrations of nation economies into one global economy, through the doctrine of free trade, free movement of capital and free movement of labor. Globalization is a system through which countries join together economically, through education and through the society and perceiving themselves as a part of the global economy. A strong contributor to globalization is development of quick transport and information technology ...
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