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Globalization
Essay specific features
Written by:
Jeanette G
Date added:
December 18, 2014
Level:
University
Grade:
A
No of pages / words:
2 / 470
Was viewed:
7651 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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