This document discusses several aspects of globalization:
1) It defines four kinds of economic integration that occur through globalization: trade of goods and services, movement of labor, flow of capital, and exchange of technology and intellectual property.
2) It lists some key indicators of an increasingly globalized world, such as rising international trade and the potential for global recessions.
3) The effects of globalization discussed include changes in prices, impacts on consumer choice, income levels and distribution, employment patterns, environmental consequences, and changes to cultural and political systems.
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