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Everyone is impacted by the continuing increase in Globalization in a variety of ways. The types of food we eat, the kinds of clothes we wear, the variety of technologies that we utilize, the modes of transportation that are available to us, and the types of jobs we pursue are directly linked to Globalization. Globalization is changing the world we live in.
Causes of Globalization
Harris indicates there are three main factors contributing to globalization.
The factors include:
· The reduction in trade and investment barriers to the post- world war II period
· The rapid growth and increase in the size of developing countries’ economies
· Changes in technology
Trade Agreements
Originally each nation established its own rules of governing forein trade...
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