How Have Changes in Technology Contributed to the Globalization of Markets and Production?

Technology enhances globalization. In past two decades, technology burst out like an explosion, definitely, the improvements of technology make our lives much more convenience. And, the advanced technology in microprocessors, Internet, and transportation enable the spreading out of globalization. Hill, C., (2001) stated "Globalization has two main components: the globalization of markets and the globalization of product." In other words, the changing in technology would lead to an influence on globalization of markets and globalization of production.
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