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1、GlobalizationThedefinitionofglobalization1).Globalizationisthesystemofinteractionamongthecountriesoftheworldinordertodeveloptheglobaleconomy.2).Globalizationreferstotheintegrationofeconomicsandsocietiesallovertheworld.3).Globalizationinvolvestechnolo
2、gical,economic,political,andculturalexchangesmadepossiblelargelybyadvancesincommunication,transportation,andinfrastructure.GlobalizationoftheEconomyAdvancesincommunication,transportationandtechnologycombinedwithfree-marketideologyhavegivengoods,servi
3、ces,andcapitalunprecedentedmobility.InternationalTradeandDevelopmentCapitalisteconomictheoryholdsthatacompletelyliberalizedglobalmarketisthemostefficientwaytofostergrowth,becauseglobalizationoffereachcountryspecializinginproducingthegoodsandservicesa
4、stagetocompetewitheachothersothattheywouldtrytoadvancethemselves.TheoriginofglobalizationNortherncountrieswanttoopenworldmarketstotheirgoodsandtakeadvantageofabundant,cheaplabourintheSouth.Theyuseinternationalfinancialinstitutionsandregionaltradeagre
5、ementstocompelpoorcountriesto"integrate"byreducingtariffs,privatizingstateenterprises,andrelaxingenvironmentalandlabourstandards.Theresultshaveenlargedprofitsforinvestorsbutofferedpittancestolabourers,provokingastrongbacklashfromcivilsociety.Richcoun
6、triesandlargecorporationsdominatetheglobalmarketplaceandcreateveryunequalrelationsofpowerandinformation.Asaresult,tradeisinherentlyunequalandpoorcountriesseldomexperiencerisingwell-beingbutincreasingunemployment,poverty,andincomeinequality.Whatitboil
7、sdownisthatfreetradeisnotequallyfree.Despitealloftheproblemsglobalizationhascaused,I’mstrongholdingthatit’sadouble-edgedsword.Sowecan’tignorethebenefitsofglobalization.EffectsofGlobalizationAccordingtoeconomists,therearealotofglobaleventsconnectedwit
8、hglobalizationandintegration.Therefore，globalizationhascausedbenefitsinmanyfields.1.ImprovementofInternationalTrade.Becauseofglobalization,thenumberofcountrieswhereproductscanbesoldorpurchasedhasincreaseddramatically.2.TechnologicalProgress.Becauseof
