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Definition of Globalization (or globalisation)
It refers to the increasing global relationships of culture, people, and economic activity. It is generally used to refer to economic globalization: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas and the reduction of restrictions on the movement of capital and on investment. Globalization may contribute to economic growth in developed and developing countries through increased specialization and the principle of comparative advantage. Encourage freedom of trade, increase cross-culture contact, brain drains（人才流失）， international tourism, sports( FIFA world cup, Olympic game), political ( European union, WTO, G8)
Causes of globalization
One of the causes of globalization is the efficiency of international transportation as a fundamental element supporting the global market. International transportation refers to a factor that causes international trade to extend more rapidly because international trade requires infrastructures, which can support trade between several companies. Since, half of the global trade occurs between locations of more than 3000 kilometers away, most international goods movements involve several modes especially when the destination are far away from each other. Maritime shipping and air transport are one of the transportation modes, which concerned with international trade. One of the advantages of Maritime transportation is, it handles about 90 percent of the global trade which includes a series of getaways granting access to main production and consumption region. Meanwhile, the importance of air transport is, it carries international air freight which is about 70times more...
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