Globalisation has shifted power from nation-states to global consumers. Justify the statement.
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Globalisation
Globalisation shifts the power to regulate certain activities from governments to international institutions, which are indirectly controlled by multinational companies. When a country is engaged in the business activities of other countries, its government makes agreements with respect to those countries separately.
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Globalisation shifts the power to regulate certain activities from governments to international institutions, which are indirectly controlled by multinational companies. When a country is engaged in the business activities of other countries, its government makes agreements with respect to those countries separately.
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