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All theses beliefs the consumers greatly because now they have the chose to purchase more products made in foreign countries cheaper. However, there being the positive impact of globalisation, there is also a negative influence brought by globalisation. For starters, here in Australia, the local producers and manufacturers must find a new and efficient method to do business or face being over whelmed by foreign investors.
As an overview, globalisation in general is a positive thing. The moving of economies from competing on a local basis, to embracing and competing on a world market situates the evaluation of trade...
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