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The end of World War II witnessed the emergence of two prominent intergovernmental agreements and institutions in the form of GATT agreement and International Monetary Fund (IMF). These were formed with the sole aim of promoting trade and development of all the economies so that global growth takes place. In this report, I would present my personal understanding of the concept and tradeoffs associated with globalization.
Globalization – Meaning and benefits
Globalization refers to the process in...
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