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WHAT IS GLOBALIZATION?
- Globalization is the process of rapid integration or interconnection between countries.
- MNCs are actively contributing to the process of globalization.
- More commodities and services , capital, and technology are being transferred between countries.
- In addition to the exchange of products, services, capital, and technology, there is another way that the countries are interlinked through the migration of people .
- People typically relocate from one country to another for higher wages, better employment, or educational opportunities.
