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This definition is very broad, but the narrower and the most common definition of globalization is in the economic sense, "The observation that in recent years a quickly rising share of economic activity in the world seems to be taking place between people who live in different countries (rather than in the same country)" (PREM Economic Policy Group and Development Economics Group ? World Bank Group [PREM], 2001, para. 1) or according to Case and Fair (2004), "The process of increasing economic interdependence among countries and their citizen" (p.713). Almost all these definitions have similarities...
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