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- In the second phase of globalization, companies headquartered in developed countries like the United States, Western Europe, and Japan had an advantage in terms of infrastructure, educational systems, and capital markets. Subscribe and SAVE, give a gift subscription or get help with an existing subscription by clicking the links below each cover image. Get breaking Finance news and the latest business articles from AOL. Om stock market news to jobs and real estate, it can all be found here.
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