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The process by which national economies, politics, cultures, and societies become integrated with those of other nations around the world. World Trade Organization Globalization O Apartheid O Microeconomics

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Globalization refers to the process of integrating governments, cultures, and financial markets through international trade into a single world market. ... But usually there is a snowball effect, and globalization becomes a mixed bag of economic, philanthropic, entrepreneurial, and cultural efforts.

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