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In this lecture we investigate the topic of globalization: what is it, what are its benefits, what are its costs, and how does it relate to political systems? Upon completion of this lecture, you should understand and be able to answer these key questions: 1. What is globalization? Why does it occur? What were the major historic periods of globalization? 2. What are the benefits of globalizations? 3. What are the costs of globalization? 4. How is globalization related to political systems?
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