Business Studies, asked by dhanda2920, 9 months ago

Lamia moved to Saudi Arabia last year. Her mother misses her but is happy she can still see her face every day using video chat. What is the effect of globalisation on Lamia and her mother?

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Answered by abhishekmishra737007
1

Answer:

globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States.

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