Globalization

THE LIMITS OF GLOBALIZATION Nowadays one of the most commonly used terms is globalization. But what does globalization mean? Does it mean dissappearing borders, a common trade unit, no tax in trade abroad, political awareness across the world, or, in extremes, even interfering with other countries' domestic affairs? In some ways globalization may be useful in creating a common sense of "world citizenship", but useful to what extent? What are the possibilities, advantages and risks …

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