Globalization and International Trade

Year 2017, , 1787 - 1796, 25.10.2017

Gözde Yirmibeşoğlu

https://doi.org/10.24289/ijsser.346204

Abstract

Globalization has been a significant debate issue in
the academic research for the last decades. There is not a consensus on the
initiation of globalization. Although there are many aspects of globalization
such as economic, social, political and cultural features, this paper focuses
mostly on its economic aspect. Globalization broke down commercial borders
between countries and destroyed barriers against trade among countries. As a
result, business performing in the international arena were forced to change
their strategies. Thus, international trade gained a variety of new dimensions.
Hence, the aim of this paper is to explore the impact of globalization on world
trade by investigating the development of globalization with regards to
consumption culture and media imperialism.

Keywords

Globalization, Global Trade, International Trade, Culture Imperialism, Media Imperialism

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