globalization

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Title: globalization

Essay Details:

Subject: Business

Author: Nathaniel R

Date: August 31, 2015

Level: University

Grade: A

Length: 4 / 1117

Essay text:

On average around the globe, countries received just one foreign visitor for every 100 people in 1950. By the mid-1980s there were six, and since then that number has doubled to 12. • Since 1991, international telephone traffic has more than tripled. The number of cell phone subscribers has grown from virtually zero to 1.8 billion – 30 percent of the world population – and Internet users will soon hit 1 billion. Many analysts highlight globalization’s private-sector benefits – the strength built by competing as well as the gains from trade, specialization and productivity that come with expanding markets...

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