Definition Of Globalisation Oxford Dictionary

This means that goods and services capital and labour are traded on a worldwide basis and information and the results of research flow readily between countries.

Definition of globalisation oxford dictionary. The process of globalization has certainly been amongst the most significant developments of the past few decades the international movement against capitalist globalisation faces two important tests. Definition of globalization noun in oxford advanced learner s dictionary. Economic globalization is the process by which the whole world becomes a single market. The increase of trade around the world especially by large companies producing and trading.