What are the factors that speed up the globalization process?

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1068607

2026-03-08 11:55

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A strong dollar means that it is cheaper to import, thus making it better for international companies, however worse for local business. A strong economy generally also means that people are more inclined to spend money on extra things, which will help retailers, who will in turn, probably give it to an international corporation, who will be able to spend that money on expanding, exporting more, and making things cheaper. Cheaper things make you more inclined to buy them, so you see how the cycle works.

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