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In this essay, I will try to detail some of the most important arguments that globalization advocates should know.
Globalization is the movement from a strictly domestic marketplace to a marketplace where international goods are allowed to flow into foreign countries. Also, domestic firms will be motivated to move their operations to foreign countries where production will be cheaper and; therefore, more productive. Basically, the argument is whether or not international trade is a good or bad thing for the world economy. In other words, will the movement of goods produced in one country to another country to be sold be of benefit to all countries involved? Advocates of globalization argue that international trade is not only good for the world economy, but is absolutely essential for the survival of it...
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