Answer:
1. Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information
2. yes, cultural globalization are, for instance, the trading of commodities such as coffee or avocados
3. Globalisation paves the way for redistribution of economic power at the world level leading to domination by economically powerful nations over the poor nations, Globalisation usually results greater increase in imports than increase in exports leading to growing trade deficit and balance of payments problem.
4. One commonly recognized effect of globalization is that it favors Westernization, meaning that other nation-states are at a disadvantage when dealing with the Americas and Europe.
