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Globalization

Definition

Globalization refers to the process by which businesses or other organizations develop international influence or start operating on an international scale.

Related terms

Trade Liberalization: The removal or reduction of restrictions or barriers on the free exchange of goods between nations.

Multinational Corporations: These are large companies that operate in several countries around the world.

Cultural Exchange: The sharing and mixing of cultures through different mediums such as food, music, art etc., often facilitated by globalization.

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AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.