what was the main channel connecting countries in the past? how is it different now?(globalisation)
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Question: What was the main channel connecting countries in the past? How is it different from now?
Answer: Foreign Trade was the main channel connecting countries in the past. Trade in the past was restricted to finished goods being produced in one market, and sold in other markets. In today's time, besides trade; capital, technology, people, and service flow is also taking place all over the world. Today the world is connected in a way that even production takes place across different countries...
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