Tag: Drivers of globalization in international business PDF

The Five Major Drivers of Globalization

When comparing countries, the five major forces that drive globalization tend to be similar. These forces are Market convergence, Competition, Exchange rates, and Cost advantages. To understand why globalization has become so important, we should examine each force separately. Let’s start with the first force, Market convergence. This force is the result of increased trade ….  Read More

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