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today’s globalization shows that the local and global aspects of business and government are increasingly intertwined with each other. This volume sets and makes sense for the functioning of the global economy and how it affects businesses and individuals. Each chapter describes general issues and questions that have gained exposure in the popular media such as outsourcing, illustrate the high cost of international travel and the impact of a rapidly growing China-driver and the underlying mechanisms at work. The integration of international trade, national wealth disparities (the haves against the have-nots), foreign investment and the geographical and cultural issues supported, including photographs, maps, diagrams, a glossary and chronology of main events, highlights the globalization of the dynamics of the global economy and information his readers a profound impact on our daily lives.