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Not only the manufacturers and retailers take advantage of it but also consumers are benefited through globalization. It gives them variety of good quality products for competitive prices. Supporters of free trade also point out the advantages of globalization for example, lower prices of products and more employment.
When these trades take place there are several political issues that arise. To address these issues government makes laws and regulation in a country. There are certain policies that a company needs to abide by when going global. Global politics involves guidelines laid by number of organizations including International Monetary Fund, the World Bank and the World Trade Organization...
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