Globalization: opportunities and risks for developing countries!
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Development of new technologies and improvements of countries' commerce have led to globalization. This phenomenon can simply explained by the thought that people all over the world as well as their economies and societies move into a vast village together to benefit one another. Consequently, immense wealth and tremendous comfort are strongly provided to everyone worldwide. However, people who live in developing countries find it a big concern when thinking about globalization.
Opportunities of rising income similar to higher living standards are the benefits that people in the world can…
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