Saturday, May 11, 2019

Economic globalization reduces the possibility of conflict Essay

Economic globalization reduces the possibility of conflict - prove ExampleFrom a critical point of view, when countries learn to depend on to each one other, they form big lasting relationships as the feel that they need each other for survival. On this note, they are committed to view as harmony to ensure that this interdependence works out for all of them and that each country can excite their economy. Since countries are unique entities with different resources, it is true that globalizing the economy will ensure that conflicts are trim and each country can depend on its allies. On this ground, it is clear that the harmony that the world enjoys today is a result of health relationships that train resulted from the formation of a global economy.The end of the 20th century and the twenty-first century is a time when the world has experience harmony as a result of reduced conflict. The world economy structure has changed out-of-pocket to the formation of a global market where countries are shrive to venture. Unlike in the post war period, countries are free to invest across the world due to reduced barriers of foreign business entrants. As Barbie (1996) points out, there has been great economic integration to the effect that it is hopeless to tell where a product was manufactured. Barbie gives the example of goods that are made in China but have actually been produced through operation integration. Countries have come together to venture in common markets to the extent of collaboratively producing one product. As countries exhaust their domestic markets, they are free to invest in foreign markets in the onset of market liberalization. In the 21st century business organizations have ventured in international markets to attach their profits by investing in unexploited markets. This kind of economic integration has resulted into reduced tilt as countries learn that the domestic market is not enough for economic development. As a result, the refreshfu l century has seen the number inter country wars reduced due to the economic cohesion that

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