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Globalization - Coggle Diagram
Globalization
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Disadvantages
Trade Imbalances
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Other countries can buy up existing business, natural resources, and other assets- eventually own nearly everything in a country.
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Brain Drain
It is the emigration of highly trained or qualified people from a particular country, usually for opportunities, better pay or living conditions.
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Country that qualified individuals leave behind suffer in areas of know-how, expertise, innovation.
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