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Global Business Today. 5th ed. New York, New York: McGraw-Hill /Irwin, 2008.

Two of the major drivers of globalization are declining trade and investment barriers, and technological factors. After WWII, Western countries started removing trade barriers. Under GATT and the WTO, trade barriers have continued to fall, and

now do business with already developed nations, and be able to enter those new markets that weren’t open to them in the past...

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