Make a list of the characteristics of Globalization with examples.

1.	Make a list of the characteristics of Globalization with examples.
Answer» Globalization has its own characteristics. The chief characteristics are: 1. Increasing international trade at fast growth. 2. Increasing the international flow of capital including foreign investment. 3. Creating international agreements leading to organizations like WTO and OPEC. 4. Developing global financial system. 5. Increasing the role of international organizations such as WTO, WIPO, IMF etc. that deal with international transactions. 6. Creating an international cultural exchange. 7. Creating international travel and tourism. 8. Spreading of local foods such as Pizza and Indian food to other countries. 9. Developing global telecommunicational infrastructure and greater transfer-border data flow etc.

Answer»

Globalization has its own characteristics. The chief characteristics are:

1. Increasing international trade at fast growth.

2. Increasing the international flow of capital including foreign investment.

3. Creating international agreements leading to organizations like WTO and OPEC.

4. Developing global financial system.

5. Increasing the role of international organizations such as WTO, WIPO, IMF etc. that deal with international transactions.

6. Creating an international cultural exchange.

7. Creating international travel and tourism.

8. Spreading of local foods such as Pizza and Indian food to other countries.

9. Developing global telecommunicational infrastructure and greater transfer-border data flow etc.

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