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	Globalization
	Globalisation of the world economy Up until fairly recently world trade was largely dominated by the Ў®Triad RegionsЎЇ, namely, North America, the E.U. and Japan, now the NICЎЇs of S.E.Asia have joined the economic first world and include Singapore, Taiwan, South Korea and Hong Kong. Some economists have suggested that by 2010 we will see China, Brazil and Indonesia becoming dominant players in world trade, realising a shift in the economic centre of gravity. Globalisation describes a process of progressing macro factors, leading ultimately to the creation of the global village with global consumers, exhibiting global needs which can be segmented at a global level. Approximate Word count = 413 Approximate Pages = 1.7 (250 words per page double spaced)

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