On the other hand, globalization by its nature can’t be avoided. It is foolish just “to close the eyes” on a huge range of its opportunities such as differentiation of goods and services, cutting production and transportation costs, technological improvement, and a new era of outsourcing and offshoring physical and human capital. It is essential to note that all international trade organizations like as EU, APEC, ASEAN, NAFTA, and MERCOSUR show a strong relationship within nations and are good examples of enhancement of globalization role in a cross-countries trade. Moreover, EU, APEC and NAFTA have near 80% of world GDP, 82% of all governmental budgets and 85% of the whole world export based on the data of WTO.
Nowadays, globalization will continue to open up new opportunities for both social and economic sides in accordance with the new era development based on an information and technology boom. But it is crucially to understand that the globalization process must change and adapt to newly emerging conditions if we are to plan more effectively for global pandemics, financial crises, economic inequality and imbalances in population movement through migration. The new paradigm suggests that future adjustments to globalization may occur at sub-firm level rather than firm-level. It will be particular tasks that face adjustment, and these tasks may be undertaken in a wide range of firms, sectors and regions. To conclude, whether globalization will come to an end is dependent on further government policies and the aim behind them.