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Interstate System

Globalism and internationalism share some similarities but also have key differences: - Both aim to reduce borders in politics and trade, but globalism focuses more on the economies of individual nations, while internationalism emphasizes cooperation between businesses or firms across borders. - Globalism results from desires of national economies and is affected by infrastructure and regulations, while internationalism involves cultural exchange and sourcing/selling across countries. - Examples of globalism include reduced trade barriers and investment rules between nations, while internationalism examples are multinational business operations and cultural product distribution across multiple markets.

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299 views

Interstate System

Globalism and internationalism share some similarities but also have key differences: - Both aim to reduce borders in politics and trade, but globalism focuses more on the economies of individual nations, while internationalism emphasizes cooperation between businesses or firms across borders. - Globalism results from desires of national economies and is affected by infrastructure and regulations, while internationalism involves cultural exchange and sourcing/selling across countries. - Examples of globalism include reduced trade barriers and investment rules between nations, while internationalism examples are multinational business operations and cultural product distribution across multiple markets.

Uploaded by

Ericka Ojeda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Globalism Internationalism

Difference Similarities Difference


- It is more related to - Both Internationalism - It is more related to
economies of the and Globalism are the individual, firm or
nation. similar in its goal to business for their
- It is a result which is become borderless in goods and services.
desired by the global both politics and - It is the task/process
economies. trade. with which
- Factors that affect globalization can be
globalism are achieved.
infrastructural and - Factors that affect
logistics set up, internationalism are
telecommunications, cultural tastes and
etc. preferences, local
- Examples of traditions, etc.
globalism are vias - Examples of
obligations for visitors, internationalism are
tariffs and non-trade sourcing, producing
barriers, and and selling materials
liberalization of from one or more
investment countries, set up of
regulations. branch or subsidiaries
in other countries for
carrying out business,
etc.

References: https://www.educba.com/globalization-vs-internationalization/

ASSESSMENT
Watch the Folklore Movie “Robin Hood”. It is a tale of stealing from the rich and giving to the
poor showing all of you a different economic system. Imagine the impact of such activity to
economy.

Robin Hood has long been a controversial character, revered by the common men and
hated by those who value the worth of honesty. An unlikely hero to some and a mere nuisance
to others, Robin Hood indeed entails that sometimes the end justifies the means. In our current
economic state, the poor only further tumbles down into the bottom of the pyramid while the rich
further increase in status. If a modern Robin Hood were to exist now, it would indeed solve a lot
of the world’s problems. The rich are hoarding resources that weren’t meant to be held by such
a small number of people. Billionaires, for example, they amass resources that they wouldn’t
even be able to spend all in just a single lifetime. They are simply doing it for their own greed
and selfishness. Robin Hood’s actions may be morally wrong but the result would greatly benefit
that of the economy of the world.

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