Answer:
Globalization refers to the increasing integration of economies around the world. It is a process in which businesses begin operating internationally.
~Characterictics of Globalization~
-integration and growth of financial markets and trade.
-the increasing of internalization of production.
-compression distances by new technologies.
-development of transnational identities.
-existence of informational technology.
-interconnection and increase of mutual dependecies.
-the emergence of global problems
that requiring global approach.
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