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GLOBALIZATION

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The increasing economic


interdependence of the world Causes
countries as a result of the . The Information and Communication
increase in the volume and Revolution Fundamental aspects
variety of cross-border
transactions in goods and . The liberation of capital markets that
form financial plazas and stock It is a process in which,
services as well as international Economic and
exchanges around the world through increasing
capital flows. political aspects
communication and
. Acceleration of rates of economic interdependence
opening and trade of goods goods and between the different
services countries of the world,
markets, societies and
cultures are unified

. A set of social,
economic and political
transformations in the
different countries that
brings them a global
character model.

. A sharp increase in
private capital flows to
developing countries