Globalization the Intent of This Term Paper

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In summary, globalization is essential for global economies to continually grow. Protectionism is allegorical to a person going on strike and not working; it is imperative for nations to not pursue this strategy and instead realize that each of them competes on a global playing field every day. While the critics of globalization voice their fears, they need to realize that the many aspects of competing globally have been in existence within economic systems for centuries, and that the gauntlet of efficiency and ability to respond quickly and accurately to customer's needs, no matter where they are, is the gauntlet any company must pick up if they hope to survive in the 21st century.

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