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Increased exports in South Africa and the opening up to foreign banks have accelerated the economic growth of South Africa creating more job opportunity for skilled workers. I will also establish that globalization is not a new concept in Africa due to its involvement in slave trade and colonial presence therein.
Proverb: “You take what is good and leave the residue” (as cited in Kwame).
The effects of globalization are all encompassing due to the very definition of the term.
Globalization can be defined as the opening up of economies that leads to an exchange of goods, technologies, services, capital, and ideas...
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