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The graphic on the following page illustrates that the GDP (Gross Domestic Product) increase on a year earlier has been steady and strong for a long time now among emerging economies outpacing developed economies.
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We should first look at the phenomenon of Economic Globalization itself, in order to understand the problems which it generates. In the business world, Globalization is often referred to as a comprehensive term for the emergence of a global society in which economic, political, environmental, and cultural events in one part of the world quickly come to have significance for people in other parts of the world...
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