Globalization is one of the most significant economic phenomena Custom Essay

Globalization is one of the most significant economic phenomena that have been witnessed in the recent past. International economies are not isolated anymore and the effect on any one of the economies also has a prominent impact on another economy and this relationship between economies has been established due to the recent increase in globalization. Organizations have been expanding their operations all around the globe and the international economy has also benefitted from this increasing wave of globalization. It can be easily observed that this increase in globalization has been triggered with the development of communication technology.

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