how to improve globalization
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However, in recent decades the process of globalisation has accelerated; this is due to a variety of factors, but important ones include improved trade, increased labour and capital mobility and improved technology.
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- Some of the positive impacts are:
- Inward investment by TNCs helps countries by providing new jobs and skills for local people.
- TNCs bring wealth and foreign currency to local economies when they buy local resources, products and services. ...
- The sharing of ideas, experiences and lifestyles of people and cultures.
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