what is the difference between globalisation and international trade?
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Globalization is the process of carrying out of trade in all the countries of the world. The production is divided into small parts and spread across the globe . Foreign trade refers to trade between two countries. ...
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International trade has an important share in GDP in different countries. ... Also, globalization refers to the interdependence between countries arising from the integration of different aspects of the economy, such as trade. International trade can stimulate economic growth of countries that are now so interconnected.
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