Advantages Of Globalization

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“Globalization” refers to the procedure of connection and mix among various individuals, organizations, governments or countries. This process is driven by international trade and investments, which are only possible through new and innovative information technologies. They are influenced by different factors like socialization, politics, economics, cultural, technology as well as regional and national factors. Today you can buy or travel easily for more understand this is some easy example to refer about globalization
“Your shirt was made in Mexican and yours shoes in China. Your CD player comes from Japan. You can travel to Moscow and eat a Big Mac there and you can watch and American film in Rome.” (English Online, 2013). Especially for
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I am convinced that globalization provides many benefits for us as individuals but also for every country in the world. Many professionals, economists and politicians align that the process of globalization is a huge benefit for economies worldwide. Through this process different trade markets are getting more competitive but also efficient at the same time. It balances the unequally between different countries and prevent eventually some military conflicts.
The Milken Institute’s Globalization of the World Economy reports that even if there are many benefits regarding the globalization, there are still several risks which should not be underestimated by investors or governments. Nevertheless it is important to mention that especially the net benefit for many countries increases due to the globalization. Therefore governments, individuals and nations should embrace this movement.

2.1 Economic
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Theory of economic have comparative advantage suggest that free trade leads to more efficient allocation of resources, with all countries involved in the trade benefiting.
One of the poverty country is Sub-Saharan Africa where globalization has lead them to be better life by compare with some area that have less affect globalization. According to the research paper “Globalization – Today, tomorrow” Sub-Sahara Africa (Adams Samuel) economics growth from 1970 to 2008. Globalization supports and integrates economies from all over the world. Through the globalization, every country has permitted for import and export goods or services with low barriers and cost.
Learning and transferring knowledge from the developed country to undeveloped country especially latest technology improved their own country by, the high technology help agriculture, transportation, telecommunication, education, health and also medical treatment. In the past, workers are works by hand on the other hand globalization making your life
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