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The advent of containerization has slowed down the globalization of markets and production. made the economies of the world's nation - states less intertwined. significantly

The advent of containerization has
slowed down the globalization of markets and production.
made the economies of the world's nation-states less intertwined.
significantly lowered the costs of shipping goods over long distances.
made moving goods from one mode of transport to another extremely lal intensive.
increased costs of coordinating and controlling a global organization.
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