Globalization - AbsoluteAstronomy.com

Overview

Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economic

Economic globalization

Economic globalization refers to increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology and capital...

s: the global distribution of the production of goods and services, through reduction of barriers to international trade

International trade

International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...

such as tariff

Tariff

A tariff may be either tax on imports or exports , or a list or schedule of prices for such things as rail service, bus routes, and electrical usage ....

s, export fees, and import quota

Import quota

An import quota is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time....

s. Globalization accompanied and allegedly contributed to economic growth in developed and developing countries through increased specialization and the principle of comparative advantage

Comparative advantage

In economics, the law of comparative advantage says that two countries will both gain from trade if, in the absence of trade, they have different relative costs for producing the same goods...

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Unanswered Questions

Im doing something for science and i just wanted to know what globalization is doing to the .... sea, atmosphere, etc.... thank you x x

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Discussions

Globalization - definition by student

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Quotations

Projects to stop the spread of AIDS have tried to establish protective boundaries ... by requiring HIV tests in order to cross national boundaries. The boundaries of nation-states, however, are increasingly permeable by all kinds of flows. Nothing can bring back the hygienic shields of colonial boundaries. The age of globalization is the age of universal contagion.

Michael Hardt and Antonio Negri, Empire, p. 136.

Simplifying a great deal, one could argue that postmodernist discourses appeal primarily to the winners in the processes of globalization and fundamentalist discourses to the losers.

Michael Hardt and Antonio Negri, Empire, p. 150.

Globalization must be met with a counter-globalization, Empire with a counter-Empire.

Michael Hardt and Antonio Negri, Empire, p. 207.

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