The five major characteristics of globalization are their globalization of markets and globalization of production, within these two we have a five major characteristics the one being the merging of national marketplace into one large market these markets include goods and some services. Outsourcing is our second characteristic in which companies can reduce their costs in production and services by finding Nationals where the inputs are cheaper.
The two main drivers of globalization are Technological changes and reduced trade and investment barriers. The technological change is response as the world becomes more advanced with the internet and wireless communication it allows smaller companies to search the world for lower cost on items that it needs for manufacturing, and also it allows cheap transportation of items from one place in the world to another with quicker movement.

The original exceptions about how globalization would affect global disparities, inequality and poverty

3.What is the basic liberal argument in support of globalization, what are some limitation of this argument?
The basic liberal argument in support of globalization is that it is the most efficient way of going about organizing production by producing what the consumer wants. The liberal argument show that openness in trade and capital flows can lead to higher growth and standard living. Thus it should help poorer countries to gain access to markets in developed countries Some of the limitation of this argument is that it may not promote fairness between countries.
4.Describe the change in Egypt since the early 2000 hows has the global recession affected the country. How could the gap between Encrypts rich and poor affected he country political economy
The global recession has affect Egypt by a the income it earns for other countries from tourism to income from the Suez canals