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What is Globalization and International Trade Insights about?

This document discusses globalization and international trade. It defines globalization as the shift toward a more integrated world economy. There are two facets of globalization: the globalization of markets and the globalization of production. The globalization of markets merges national markets into a huge global marketplace. The globalization of production involves sourcing goods from locations around the world to lower costs and improve quality. Companies enter international business to manage product

Author

DRIP HARDLY

Language

EN