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Globalization And The Flattening Of The World: A Book Review Of “The World Is Flat”, Shannon L. Wade

The Kabod

There is no doubt the world is changing. In cultures, in politics, and in economies, increased awareness of foreign and domestic practices has become a focal point of society. Trade has always proven beneficial to a nation due to the laws of absolute and comparative advantage, but in the modern world, international relations go beyond the boundaries of exchanging products. Now, services and collaboration are added to that realm. In his book “The World is Flat,” Thomas Friedman pinpoints the history and future of globalization in economics. Highlighting how globalization has made the world “flat” by allowing fair competition between …