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a belief in which the actions of one country affect all other countries in the world and that economic policy is built on benefiting the whole world not an individual country
- Globalism has led to increased economic interdependence among nations, fostering international trade and investment.
- Critics of globalism argue that it can undermine local cultures and economies by prioritizing global markets over national interests.
- Proponents of globalism believe that it promotes peace and understanding by encouraging cooperation and exchange between countries.
- The rise of globalism has been facilitated by advancements in technology, which make communication and transportation across borders easier.
- Globalism challenges traditional notions of sovereignty, as multinational organizations and agreements often influence national policies.