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Essay

Globalization

Essay specific features

 

Issue:

Business

 

Written by:

Florence R

 

Date added:

February 19, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 575

 

Was viewed:

9074 times

 

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Essay content:

For thousands of years, people—and, later, corporations—have been buying from and selling to each other in lands at great distances, such as through the famed Silk Road across Central Asia that connected China and Europe during the Middle Ages. Likewise, for centuries, people and corporations have invested in enterprises in other countries...
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Likewise, for centuries, people and corporations have invested in enterprises in other countries. In fact, many of the features of the current wave of globalization are similar to those prevailing before the outbreak of the First World War in 1914. But policy and technological developments of the past few decades have spurred increases in cross-border trade, investment, and migration so large that many observers believe the world has entered a qualitatively new phase in its economic development...
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