Question

Describe the effects of globalisation on the world economy

28 Oct 2017
Answer :
Word Count : 212

Globalization is a process of global economic, political and cultural integration. It has made the world become a small village; the borders have been broken down between countries. ''The history of globalization goes back to the second half of the twentieth century, the development of transport and communication technology led to situation where national borders appeared to be too limiting for economic activity'' (Economic Globalization in Developing Countries, 2002). Globalization is playing an increasingly important role in the developing countries. It

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