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Q: explain globalization as a process, a condition, and an ideology. in simple words.
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A:
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Globalization is defined as the process of countries becoming _______ open to foreign trade and ______ open to foreign investment.
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- explain globalization as a process, a condition, and an ideology. in simple words.Which of the following elements demonstrate the degree of globalization? Group of answer choices A low export to Gross Domestic Product ratio for a country. Rapidly growing Gross Domestic Product for several countries. High levels of trade and exchange between countries. Large underground economies.Observing the Philippine economy today, is the country a loser or winner of globalization? Explain your answer thoroughly
- The benefits of globalization in historical and relevant contextMany people in the U.S. are questioning the benefits of globalization as a result of recent global supply chain problems. Are we on the path of reverse globalization?“Globalization” is about “liberalization” and “global integration of Markets”. Discuss it comprehensively and explain.
- In your opinion why are these countries (Singapore, South Korea, China, and Japan) considered the world leaders in innovations and dynamic driver in globalization?Globalization has also led to the growth of __________, which are large multinational corporations that operate in multiple countries around the world. These corporations have significant economic power and influence and are key players in the global economy, affecting trade, investment, and employment patterns.**- A) conglomerates- B) startups- C) state-owned enterprises- D) transnational corporations.It has been observed that the growth of globalization since the 1990s has been accompanied by rising inequality in many high-income countries. This means a) Globalization harms the poor and benefits the rich in these high-income countries. b) Globalization causes income-inequality in these high-income countries. c) Globalization reduces employment in these high-income countries. d) Globalization creates winners and losers.
- In your own words, define or describe globalization without being anchored/biased to the definitions of political experts, economists, and culture experts.Three strategies that have been used/ implement by different countries to reduce the negative effects of globalization?Trace the development of the concept of globalization since it first appeared in the 1940s. What were the factors that have led to its development as a full-blown approach and integrated body of knowledge? What makes globalization a contested concept? Explain fully.