Globalization refers to the increased cross border transactions between people and states. It manifests itself mostly in business. However, globalization equally permeates areas such as education, research, counter terrorism, international relations, among others. Geoffrey Garrett in his article, “The Causes of Globalization,” categorizes the causes of globalization into three main groups. These are trade, international finance and multinational production. He observes that globalization has been made possible by the improvements in informational technology. In addition, Garrett notes the fact that governments may have incentives to restrict globalization. However, the dynamics in the operations of the market make such ...
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