Does the Concept of Globalization Refer to the Opening of International

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The Answer is Globalization refers to the widening and deepening interconnections among the world's people through all forms of exchange, including information, people, technology, and financial exchanges. It also refers to the opening of international borders to flows of trade and investment. However, globalization does not imply an inevitable movement toward integration. When resources, goods, and people flow from one area to another, specific networks of globalization, such as supply chains, may strengthen. When countries erect barriers and close their borders, integration declines. The point is that, over time, interconnections ebb and flow.

Does the Concept of Globalization Refer to the Opening of International

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Does the Concept of Globalization Refer to the Opening of International

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Correct Answer:
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