Globalization in InternationalBusiness Describe the drivers and factors of globalization Discuss the pros and cons of globalization Take a stand, what is your position on this topic? Cite 2 different...

Drivers and factors of globalization
Sustained and rapid changes in technology have reduced the cost of communicating and transmitting information. It is the key factor behind the trade of knowledge products with the use of web t technology. The business can gain benefits from favorable production factors and unit labor costs and it can help in encouraging countries for adjusting tax systems for attracting foreign direct investment. Minimum efficient scale is associated with industries and the rise in MES has an effective domestic market that can satisfy the selling needs of industries (Betoret & Betoret, 2020). Decreasing the cost of shipping due to containerization can help in bringing...