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economic globalization

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increasing economic interdependence of national economies across the world

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Economic globalization
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The trade openness index over 5 centuries. This index is defined as the sum of world exports and imports, divided by world GDP. Each series corresponds to a different source.

Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization.

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