When transportation costs are low and government don’t restrict international transactions companies are looking for opportunity to sell goods on foreign market. Nations trade with one another because they expect to benefit from the transaction. Trade enables them to exchange things they don’t need for the things they do need….

Globalization describes a process by which regional economies, societies, and cultures have become integrated through a globe-spanning network of communication and trade. It’s the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. Globalization – strengthen the interdependence…