End of globalization/ de-globalization/ nationalization
Answers
Globalization is trading without any boundaries with other countries.
Globalization and Nationalization are opposite sides of a coin.
Globalization has an impact on the country's GDP, growth and progess in trade and commerce.
However one negative impact is that jobs in rich countries are given to poor countries because of capitalization.
Donald Trump and Brexit are classic examples of rich countries supporting nationalism.
The process of worldwide integrity in terms of trade or any other schemes or projects is known as globalization.
When the independent nations try to cut out their own shares and stop the continuity in trade the overall impact sums up to a catastrophic economic setback known as deglobalization. Ofcourse interdependence is the one thing all the nations want to overcome but when a nation does so the trade declines completely in some other nations. This can cause a number worldwide financial instability issues and hence deglobalization is a matter of apprehension for most of the economic thinkers nowadays.