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 Globalization transfers jobs from developed countries to less developed countries.
Globalization acts to increase world oil prices.

Globalization tends to move taxation away from corporations, and onto individual citizens.

. Globalization encourages dependence on other countries for essential goods and services.
1 5 1
1 Poor working conditions for workers
2 Increased gap between rich and poor
3 Hinders growth of industries
4 producers supplying batteries and capacitors had to close their units
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