Define Globalizations Discuss the
different characteristie's ferater
of Globalization
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Characteristics of globalisation
Greater trade in goods and services both between nations and within regions. An increase in transfers of capital including the expansion of foreign direct investment (FDI) by trans-national companies (TNCs) and the rising influence of sovereign wealth funds.
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Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.
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