Report
Introduction
Globalization is a new buzz word which has taken the entire world by storm since the nineties. The term was initially used to signify the breaking of the Soviet Union and the end of cold war; suggesting the beginning of a new era of global trend. It also means unifying the economic resources across the globe which may include tariffs, import quotas as well as trading fees. Sometimes the term “globalization” is used interchangeably with “economic globalization”. Although, this term basically refers to integrating the foreign investments, capital flows, military presence and the availability of technology; it may also ...