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Sagot :
Final answer:
Globalization integrates economies globally, offering benefits like increased efficiency and competition, alongside challenges linked to the influence of multinational corporations.
Explanation:
Globalization refers to the integration of governments, cultures, and financial markets through international trade, leading to a single world market. Benefits of globalization include increased market efficiency, competition, and potential wealth creation. However, critics fear the power imbalance favoring multinational corporations may negatively impact local economies and political decisions.
Learn more about Globalization and its benefits here:
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