The 40-year-old fairy tale of free market globalizationwhere money, goods, and knowledge can move freely across borders
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The 40-year-old fairy tale of free market globalization—where money, goods, and knowledge can move freely across borders without restriction—that was woven into the fabric of economics science has been debunked. In this story, national governments gave over their control over the rule-making process to international organizations. The size of the global pie has grown in this story of globalization, as was to be expected. But the numbers' covert power game has also come to light.
Refer to the text above, and describe the advantages and disadvantages of globalization using specific examples
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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