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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1320 |
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The global population now has greater access to the wider varieties of consumer goods and services, aided by the development of international markets and the ease of transactions permitted by technological advancements.
It is estimated that global economy grew, on average, by 2.5% per annum during the late 1990s...
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This was fuelled by a growth in trade of over 7% per annum, and growth in foreign investment levels of over 23%. It is clear that globalization has brought about greater rates of economic growth in most nations, as proven by the highly successful NIC’s in Asia, known as the “Asian Tiger†economies, however, while the global economy has grown in total the benefits have varied significantly between economies...
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