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What effect did globalization of raw materials have locally

Commodities in World Trade and Modern Markets

What effect did globalization of raw materials have locally? Give examples. The selections form Pomeranz parts 2 and 6t have two themes: standardizing terms of exchange and standardizing marketing. Likewise, consider how such standardization might have affected local cultures upon which it was imposed. Did it change the civilization's structure? Move the points of tension?

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