Submitted by mariosantiago on April 21, 2008

• Category: Business
• Words: 292
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Walmart

International economics is basically related to the various economic transactions and interactions among states globally, which is based on trade, investment and production among the very countries of the world. (Thompson, December 30, 2000) However, international economics is the contemporary trend of international relations, which is known as globalization. With the end of the cold war between USA and Former USSR, Globalization emerged as the new trend of international relations. Where globalization means free market economy, free trade and trade liberalization, privatization, national, regional and international economic integration as well as revolution of information technology. So...

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