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e production processes throughout the world. During 1980-1997, world foreign direct investment flows increased at an annual average rate close to 15 percent, almost twice as fast as trade growth and considerably faster than world output. In particular, during the 1993-1998 periods, foreign direct investment (FDI) flows rose at an even faster rate, from US$219 billion to US$692 billion (UN, 2001). Developing countries for long only receivers of FDI - have now also become investors abroad. Trueglobalization does not mean one-way flows, but it means true interdependence.

Economic interdependence can be taken to mean the economic corporation of many countries. Many countries are thought to have increased their economic interdependence. These countries are seen to come together for the trade purposes. A good example in this case can be seen in the formation of NAFTA, WTO, and UNACTAD among other bodies which are said to have increased the production and the market globalization. A good example in this case is NAFTA (North American free Trade association). It is with the formation of NAFTA the member countries have been in a position to expand in growth. This is because it is a free trade association between the member countries whereby there are reduced tariffs to the members of the association. So, the infant industries in these countries can be protected hence leading to their increased production. These countries will be in a position to produce more goods and services and sale them globally hence leading to the growth of the economy. So, it can be argued that the increased economic interdependence has led to the increased production of goods and services and also the globalization market. This is because these countries have made trade agreements so that they can promote trade (Boswell, and Dimitris, 1997).

It is also with the increased economic integration that economies have been in a position to improve on infrastructure. The communication process in this case has been made easy since the communication - travel for these goods are made easy. With a good infrastructure, the production of these goods and services have increased since they can be transported quickly and marketed so quickly. The integrated labour force is also another area which has led to the increased production of goods. This is because the integrated labour ensures that people from other countries can work in a given country as long as they have the skills. As result, more expertise in the production hence lead to the increased production and the globalization market (Boswell, and Dimitris, 1997).

Conclusion 结论

Globalization is one of the areas that led to most economies to improve. A good can be explained by analyzing the developing countries that they have benefited from the technologies developed by the rich countries. Without globalization that most of the developing countries that could not compete effectively with the developed countries are seen to benefit a lot from the issue of globalization. The rich countries are not better off because they have taken prosperity away from the poor ones; rather, the poor countries are better off because, but situation would have further improved had they been better prepared to capture the benefits of globalization. In additional, globalization is seen to have so many advantages in term of social, economical, a本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。