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7. How has globalization affected trade practices and the economy of the area?
Answer (En)
Globalization has profoundly affected Ciudad de Guatemala***s economy, particularly in trade and industry. Free trade agreements, such as DR-CAFTA, have opened up international markets, promoting exports of *textiles, coffee, and agricultural products*. This has led to increased foreign investment, technology transfer, and job creation, although challenges such as competition with cheap imports, labor exploitation, and the impact on small-scale farmers have also emerged. The city***s economy is increasingly intertwined with global trade networks.
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