Question

give the four reasons to the factor that helped globalization

Answer 1

1) Improvement of transportation: This has made possible much faster delivery of goods across long distances at lower cost.
2) improvement in information and technology: It has played a major role in spreading out production of services across countries. Telecommunication facilities are used to contact one another around the world to access information instantly and to communicate from remote areas.
3) Liberalization: Nations have removed many of the barriers to foreign trade and foreign investment and thus promoted and facilitated globalization.
4) Multilateral trade agreement: To promote foreign trade and free flow of investment.

Answer 2

Technology, production issues, regional aspects liberalization and etc