1. The Benefits of Globalization
Open trade has helped its exports to grow by three and a half times over the past twenty years. In addition to national economics benefits, the flexibility of world trade allows countries to channel their national energies in industries that they are good at. ... This put companies with poor geographical location in advantage. ... The locals, on the other hand, are also provided with the opportunities to interact with people from various countries and cultures and ultimately, gain more knowledge of the outside world. ... To maintain its competitiveness, countries must go with the flow. ...
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- Approx Pages: 2
- Grade Level: Undergraduate