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May 20th, 2015

Factors have affected the process of economic globalization and are likely to continue driving it in the future.  improvements in the technology of transportation and communication have reduced the costs of transporting goods, services, and factors of production and of communicating economically useful knowledge and technology. Second, the tastes of individuals and societies have generally, but not universally, favored taking advantage of the opportunities provided by declining costs of transportation and communication through increasing economic 

May 20th, 2015

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