Longman Dictionary of Contemporary English homepage

globalization

 noun
     
glo‧bal‧i‧za‧tion also globalisation British English [uncountable]
the process of making something such as a business operate in a lot of different countries all around the world, or the result of this:
the increasing globalization of world trade
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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