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| 1. |
What was the impact of globalisation |
| Answer» Globalization introduces better trade. This is because more people are employed. This increases productivity. Apart from economical aspect, globalization has also brought an impact on political and\xa0cultural\xa0domain.\\Globalization of product and financial markets refers to an increased\xa0economicintegration in specialization and economies of scale, which will result in greater trade in financial services through both capital flows and cross-border entry activity. | |