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Economic Globalization | Economics homework help

  1. What is economic transition? Describe the obstacles that countries face during economic transition.
  2. Is globalization a constraint on states or does it give them new tools?
  3. What is the regionalization/localization strategy and how does it differ from globalization?
  4. What has been the impact of developing countries in globalization?
  5. Globalization has a huge part in the economic well-being of individuals in terms of employment and wages. Is this statement true or false? Why? Explain.


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