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Five key parameters of globalization include economic integration, which involves the interconnectedness of markets and trade; cultural exchange, referring to the sharing and blending of cultural practices and ideas; technological advancement, emphasizing the role of technology in facilitating global communication and transport; political cooperation, which includes international agreements and organizations; and environmental interdependence, addressing global ecological concerns that transcend national borders. Together, these parameters illustrate the complex and multifaceted nature of globalization.

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