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Advantages and disadvantages of globalization

Globalization is a process of economic, political and social expansion that leads to greater interdependence between states and the flexibilization of their relations. The aim is to improve commercial and technological exchange, while having a profound impact on socio-cultural processes.…

Difference between import and export

The import is the activity of buying products or services produced by other countries. The export is the term used when products or services are sold abroad. The difference between import and export is the type and destination of the…

Difference between supply and demand

Supply is the quantity of products and services available in a specific market. The higher the price, the greater the supply. Demand is the quantity of products and services attempted to be purchased in a specific market. The higher the…