How does globalization change the economic system of modern world ?
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Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two other being political globalization and cultural globalization, as well as the general term ofglobalization.[1]
Economic globalization refers to the free movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification ofcross-border movement of goods, services, technologies and capital.
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Economic globalization refers to the free movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification ofcross-border movement of goods, services, technologies and capital.
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