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What is globalization of work?

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Anonymous

15y ago
Updated: 8/18/2019

Worldwide movement toward economic, financial, trade, and communication integration. Globalization implies opening out beyond local and nationalistic perspectives to a broader outlook of an interconnected and inter-dependent world with free transfer of capital, goods, and services across national frontiers. However, it does not include unhindered movement of labour and, as suggested by some econiomists, may hurt smaller or fragile economies if applied indiscriminately.

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Wiki User

15y ago

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