Globalization has been around for hundreds of years as nations sought to trade with other nations located great distances away. It was slow and took months for the simplest transaction, but it existed. Now, due to the Internet and other communication technology, we have entered a new era of globalization in which interactivity, communication, collaboration and the transfer of products and services take place instantly. This 21st century version of globalization will transform the economic, cultural and political climate of all participating nations for years to come.
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