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Stolb23 [73]
2 years ago
10

What is the significance of globalization (e.g., magnitude, impacts, etc.)?

English
1 answer:
Natasha_Volkova [10]2 years ago
3 0

Answer:

Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets. ... Increased trade promotes international competition.

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