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Globalization - Coggle Diagram
Globalization
Economic liberalization
According to neoclassical liberal ecomic theory, reducing tariff barriers and other impediments to the free movement of goods
IMF
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Monitor exchange trade, stabilizes monetary systems and fosters global cooperation
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Definition
The increasing interdependence of economies, political systems, and societies on global scale
The process is usually understood to be driven by technological innovations that allow for greater interconnectedness between and among people, groups, countries and international and transnational organizations
THis process has deepened cross-national connections among workers, goods