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Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because the benefits outweigh the costs.
Globalization is the global economy, culture, and people brought about by cross-border trade in goods and services, technology and investment, the flow of people and information, and the fact that the world has become more connected through technology. It is a term that describes the growing interdependence of A place of interdependence. The scope of globalization also includes the resulting economic and social changes.
According to the International Monetary Fund, 'globalization' is defined as an increase in the volume and variety of cross-border transactions in goods and services, international capital flows, and an increase in the number of countries around the world through faster and more extensive transactions. It means increasing interdependence. diffusion of technology”.
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