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- Option 1: Increased global trade and investment:
- Globalization's economic side significantly includes expanded trade and foreign investments.
- Countries engage in cross-border trade, boosting economic interconnectedness.
- Option 2: Cultural homogenization:
- Though relevant, cultural homogenization is more a cultural manifestation than an economic one.
- It relates to the spread of similar cultural practices globally.
- Option 3: Political sovereignty:
- Globalization often challenges political sovereignty by intertwining economies and policies.
- Sovereignty isn't a direct economic manifestation of globalization.
- Option 4: Environmental sustainability:
- Environmental concerns are often tensions or criticisms of globalization rather than a direct result.
- Sustainability is increasingly addressed, but not an inherent economic aspect of globalization.
By: Parveen Bansal ProfileResourcesReport error
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