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Impact of globalization in reducing the cost of production | Business homework help

  1. Explain the benefits and costs of Global Legal Settlement.
  2. Will globalization lead to some people losing jobs? Explain your answer.
  3. If globalization continues over the next few decades, how might your life be different?
  4. Define four mechanisms companies use to globalize their business activities.
  5. If the adoption of foreign practice and belief is inevitable with increased globalization, should trade still be encouraged today? Justify your answer.
  6. Explain the effects of globalization in the manufacturing, education, government, and health care sector.
  7. What is the impact of globalization in reducing the cost of production?

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