Write a 3 pages paper on international business. Globalization has led to integration of global production (global sourcing and coordination between the diverse locations) and integration of global ma

Write a 3 pages paper on international business. Globalization has led to integration of global production (global sourcing and coordination between the diverse locations) and integration of global markets (the rise of global brands and international distributors). Ultimately, globalization yields to increasing: culture convergences. interdependence among states economic integration. trade liberation. and, global capital markets (Hill 2012, p.4). Globalization of markets Globalization of markets delineates the progression witnessed in the assimilation and amalgamation of different world markets into a shared market. This means that national markets are increasingly amalgamating into one vast marketplace. This process eventually yields to the adoption of common products or services propelled by the resultant cultural shift.