... globalization took off. The rise of multi-national and transnational corporations has certainly helped drive the globalization process. These corporations not only have offices around the world, but means of production and distribution. However, there is a sharp distinction between the two in terms of how and where goods are produced. These firms are leading the way to total globalization, each with a distinct way of operating. Before globalization can be explained, one must first understand the agreement that halted the process. In 1944, fearing a post-war period like the 1930s, countries agreed there needed to be a new system. The interwar period was one of great currency speculation which caused currencies to fluctuate greatly and for international trade to decrease. Many thought that international trade would prevent war, as when countries are insular; they just build national interests and pride. To support these increasing national interests and pride, countries will often ...

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