About Globalization
Globalization is one of the most charged issues of the day. ... Globalization is the flow of products, information, technology and workforce internationally. ... Globalization not only opened up new opportunities but also create new challenges through global competition. Globalization is a combination of much freer trade in goods and services combined with free capital movements. Globalization is not mere trade liberalization and capital movement; rather it is about growing public awareness. ... The world economy has witnessed speeding up in process of globalization-the broadening and deepening of international inter-relationships in trade and investment over the last decade and a half.