MNB 3701 ASSIGNMENT 2 2022/03/30

Two major types of globalisation are described by Aregbeshola (2017, 7), namely market and production globalisation. In essence, market globalisation involves merging of previously discrete and independent markets into a global structure. Market globalization thus enables international trade via removal of trade barriers. Differing consumer tastes from various parts of the world set new global standards, which enable them to receive the same products from different companies. Globalization...

Two major types of globalisation are described by Aregbeshola (2017, 7), namely market and production globalisation. In essence, market globalisation involves merging of previously discrete and independent markets into a global structure. Market globalization thus enables international trade via removal of trade barriers. Differing consumer tastes from various parts of the world set new global standards, which enable them to receive the same products from different companies. Globalization...

1.QUESTION 1 1.1. Various types of globalisation Two major types of globalisation are described by Aregbeshola (2017, 7), namely market and production globalisation. In essence, market globalisation involves merging of previously discrete and independent markets into a global structure. Market globalization thus enables international trade via removal of trade barriers. Differing consumer tastes from various parts of the world set new global standards, which enable them to receive the sa...