discuss the effects of globalization
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First of all the principal cause and effect of globalization is international trade, which has expanded substantially. ... While growing trade has generall created more jobs, the parallel growth in competition has forced many companies to fire their workers in order to cut costs, boost efficiency and increase profits.
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Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
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