GLOBALIZATION AND INTERNATIONAL TRADE
Keywords:
Globalization, International Trade, Economic Integration, Trade Liberalization, Global Value Chains.Abstract
Globalization has become a defining feature of the modern economic system, reshaping production structures, trade flows, and market dynamics. This study examines the relationship between globalization and international trade by analyzing theoretical perspectives, trade liberalization patterns, and recent global economic trends. The findings reveal that globalization significantly increases economic interdependence, enhances market access, and promotes technological diffusion. However, it also generates challenges such as inequality, trade imbalances, and vulnerability to external shocks. The study concludes with policy recommendations to ensure sustainable and inclusive global economic integration.
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