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Similarity Report ID: oid:17551:34044494

PAPER NAME AUTHOR

TCW -

WORD COUNT CHARACTER COUNT

282 Words 1544 Characters

PAGE COUNT FILE SIZE

2 Pages 1.8KB

SUBMISSION DATE REPORT DATE

Apr 15, 2023 11:24 AM GMT+8 Apr 15, 2023 11:24 AM GMT+8

0% Overall Similarity
This submission did not match any of the content we compared it against.
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0% Submitted Works database

Summary
Cross-border trade and investment have facilitated the flow of products, services, and

capital, generating new markets and resulting in economic progress.

This leads to technological breakthrough and more innovations that improve quality of

life.

Travel, communication, and trade have increased, bringing people and nations closer

together and fostering the exchange of cultures, traditions, and ideas.

Cultural relativism is promoted

Companies are under pressure to increase the caliber of their products, save

expenses, and innovate in order to keep their market share.

Consumers can choose from many options.

It gives access to a large pool of skilled workers, thereby providing new jobs and

increasing economic growth.

This ensures the availability of jobs for people to choose from which does not limit

them from only one option.

The relocation of jobs to nations with lower labor costs and the concentration of wealth

in the hands of a small number of multinational firms are to blame for the rise in

inequality in income.

Low skilled workers have low chances to get high paying jobs.

These environmental issues are a result of globalization's increased production and

consumption of goods and services, transportation, and urbanization.

This leads to long term damage in our environment.

Traditional customs and values have been eroded as a result of the proliferation of

societal factors like Hollywood movies and fast food chains as a result of globalization
This leads to cultural appropriation and many more.

.External downturns in one region can have a significant impact on other regions due

to the interdependence of global markets resulting to risks in investors and consumers.

Instances of recession, inflation and many more might happen which can lead to

financial crises and many more affecting individuals.


Similarity Report ID: oid:17551:34044494

0% Overall Similarity

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Sources overview

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