Economy and globalization are closely related. They promote each other and jointly shape the structure and development direction of modern society. Globalization refers to the increasingly close economic, cultural, technological and political connections around the world, and economic globalization is a core part of this trend, which is specifically reflected in the cross-border flow of goods, services, capital and labor. First, globalization has promoted the development of international trade. Through the reduction of tariff barriers, the signing of free trade agreements, and the advancement of transportation and communication technology, goods and services can be circulated more conveniently around the world. This not only reduces production costs, but also allows consumers to enjoy a wider range of choices and lower prices. Second, multinational corporations play an important role in globalization. These companies disperse production chains to different countries, optimize oper...
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