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Q: What two major inventions led to the globalization of production and world trade?
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What is the difference between outsourcing and globalization?

Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.


What are some globalization questions?

what is globalization? what are advantages and disadvantages of globalization? what is free trade


Is globalization driven by trade?

Depending on the category of globalization, yes and no. For the economic definition of globalization, yes it is based on trade. However, for the historical context of globalization, it is based on culture.


Is fair trade an example of globalization?

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How did globalization contributed in the interaction and changes in the culture on the global level?

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What is the impact of globalization on environment?

The impact of globalization on environment is quite diverse. This has resulted into more production which means more fossil fuels are being burned which pollutes the environment and development of urban trade centers causes logging and deforestation which hurts the environment significantly.


What was a major feature of the early modern globalization of international trade?

The unequal economic and commercial relationships and the dependence of many other states on European states.


What does Globalization and trade liberalization do to markets?

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Asses the importance of trade lives on globalisation?

Asses the importance of trade liberalization on globalization