In modern globalized world, an intertwining of numerous cultures takes place. Western values and lifestyle are known to be specifically actively spreading all over the world. Urbanization is one of the trends brought in Asia from the West. For instance, according to the research of the World Bank, from 2000 to 2010 around 200 million people from East Asia moved to urban area; it can be assumed that this tendency is to a great extent associated with the imitation a Western urban lifestyle by Asian people (“East Asia’s Changing Urban Landscape”). It is in particular captivating to observe ...
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Through globalization trading activities between various economies has been boosted hence increasing productivity in those nations. Global markets have not only increased the revenue earned from the financial transactions carried out but also enhanced the quality and variety of goods and services produced. The improvement in quality is due to a desire to satisfy the international tastes and preferences. Global trade has improved the relationship between nations that have different ideologies and did not interact previously. The following paper is a case study of the bilateral trade between the United States and Vietnam. In the year 2000, the US ...