“Globalization” Please respond to the following:
Globalization deals with the interaction and integration of people, companies, and governments of different nations. This process is driven by international trade and investment and aided by information technology. Globalization is an important concept, as it affects the environment, culture, political systems, economic development and prosperity, and the physical well-being of societies around the world.
Describe three (3) principal challenges faced by the EU and NAFTA. Next, speculate on why a BRIC alliance may be returning and whether you agree with this alliance. Justify your response.