Globalization in InternationalBusinessDescribe the drivers and factors of globalizationDiscuss the...

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Globalization in InternationalBusinessDescribe the drivers and factors of globalizationDiscuss the pros and cons of globalizationTake a stand, what is your position on this topic?Cite 2 different sources. The textbook can be one of the sourcesOther RequirementsThe original post must contain a minimum of 300 words. Students must demonstrate critical thinking by paraphrasing the material into their own wordsAll citations should be in APA format with a reference listing at the bottom of the post.

Shubham · Accepted Answer

Drivers and factors of globalization
Sustained and rapid changes in technology have reduced the cost of communicating and transmitting information. It is the key factor behind the trade of knowledge products with the use of web t technology. The business can gain benefits from favorable production factors and unit labor costs and it can help in encouraging countries for adjusting tax systems for attracting foreign direct investment. Minimum efficient scale is associated with industries and the rise in MES has an effective domestic market that can satisfy the selling needs of industries (Betoret & Betoret, 2020).

Globalization in InternationalBusiness Describe the drivers and factors of globalization Discuss the pros and cons of globalization Take a stand, what is your position on this topic? Cite 2 different...

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