Globalization

Essay specific features

 

Issue:

Business

 

Written by:

Jeanette G

 

Date added:

December 18, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 470

 

Was viewed:

7602 times

 

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Essay content:

But many less developed countries (LDCs) have been left out or have been harmed by globalization. The principal trend that has made globalization so popular after World War Two has been international trade. Growing trade has increased the variety of goods, services, direct investment and finance in the world...
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However, many countries from South Asia, Sub-Saharan Africa and Latin America have been left out in the process. The benefits of expanding trade have been concentrated in the United States, Europe and Japan. Usually lesser developed countries do not have enough purchasing power and have to increase their international debts to be able to participate in this so called globalization...
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