Explain pros and cons of effect of flattening business world


Problem: Since Thomas Friedman coined the term "flat world," we've seen how government policy changes and information technology have virtually flattened former barriers to access and competition. But despite these dramatic changes, more than 90% of all business investments remain domestic:

1) Why do you think all business investments remain domestic?

2) Explain the pros and cons of the effect of flattening the business world.

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