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The phenomenon known as "globalization" makes it possible for a gargantuan ship built in the Netherlands and registered in Panama to bring Saudi oil to Texas refineries that provide gasoline for cars assembled in Japan, Korea or Germany. The drivers, wearing clothes sewn in Singapore from Australian cotton might be listening to an Argentine tenor singing Italian arias recorded on a magnetic cassette made in Mexico and played on a tape deck assembled in China. In another car, the driver might be using a Finnish cell phone to tell a broker in New York to buy stocks in a Canadian company that does business in Brazil. - The Ukrainian Weekly, August 26, 2001, No. 34, Vol. LXIX Globalization can be conceived as a process (or set of processes) which embodies a transformation in the spatial organization of social relations and transactions, expressed in transcontinental or interregional flows and networks of...

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