Can you make a summary or keywords to the given below that is more easier to understand? REASONS OF GLOBALIZATION Rapid shrinking of time and distance across the globe. Domestic markets are no longer rich. Companies and institutions go global to find political and economic stability. To get technological and managerial know-how of other countries due to their advancement. To reduce high transportation costs if one goes globally. To be close to raw materials and to markets for their finished products. The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.
Can you make a summary or keywords to the given below that is more easier to understand? REASONS OF GLOBALIZATION Rapid shrinking of time and distance across the globe. Domestic markets are no longer rich. Companies and institutions go global to find political and economic stability. To get technological and managerial know-how of other countries due to their advancement. To reduce high transportation costs if one goes globally. To be close to raw materials and to markets for their finished products. The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.
Oh no! Our experts couldn't answer your question.
Don't worry! We won't leave you hanging. Plus, we're giving you back one question for the inconvenience.
Submit your question and receive a step-by-step explanation from our experts in as fast as 30 minutes.
You have no more questions left.
Message from our expert:
Your question does not match the subject you selected. Please ask a question in one of the 30+ subjects available. We've credited a question to your account.
Your Question:
Can you make a summary or keywords to the given below that is more easier to understand?
REASONS OF GLOBALIZATION
- Rapid shrinking of time and distance across the globe.
- Domestic markets are no longer rich.
- Companies and institutions go global to find political and economic stability.
- To get technological and managerial know-how of other countries due to their advancement.
- To reduce high transportation costs if one goes globally.
- To be close to raw materials and to markets for their finished products.
- The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.
