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History Paper Q2 Globalization - Essay Example

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In a general appreciation, globalization can be defined as a process that creates a global interchange of culture, economy, politics and social issues. Globalization is : "the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange".1
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History Paper Q2 Globalization
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Download file to see previous pages The possibility of cultural exchange, understanding and tolerance within a global civilization.
But as many critics have noticed, we are not perfect human beings. It is hard to have a fair trade and conditions of equality between countries that do not know how to trade fairly with each other, but that exploit one another. By attempting to establish a standard, the differences have been reinforced. The richer get richer; the poor get poorer.
The historical processes that led to this global movement can be traced to a series of economic agreements after the two world wars. "Globalization in the era since World War II has been driven by Trade Negotiation Rounds, originally under the auspices of GATT, which led to a series of agreements to remove restrictions on "free trade". The Uruguay round led to a treaty to create the World Trade Organization or WTO, to mediate trade disputes. Other bilateral trade agreements, including sections of Europe's Maastricht Treaty and the North American Free Trade Agreement have also been signed in pursuit of the goal of reducing tariffs and barriers to trade.
The other historical process that can be pointed out in the globalization phenomenon is the transmission of information. ...Download file to see next pagesRead More
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