Introduction of Globalization and Standardization of Markets

A brief introduction and know how globalization and standardization of markets through expressing different view points and examples in living world of globalization of markets. First of all , we will understand the meaning of Globalization: According to the International Monetary Fund defines Globalization as "the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, free international capital flows, and more rapid and widespread diffusion of technology". …

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