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The following statements are correct about globalization except for the following:

  • Globalization represents the global integration of international trade, investment, information technology and cultures
  • Globalization is a recent phenomenon which traces its origin in the Information Age and thrived because of the presence of social media and new technologies Correct
  • Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology
  • Globalization is the free movement of goods, services and people across the world in a seamless and integrated manner
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