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Question (En)
How has globalization affected trade practices and the economy of the area?
Answer (En)
Globalization has strengthened Chicago role as a major international trade hub, particularly through its finance and transportation sectors. The city***s location makes it a key player in global logistics, with railways, airports, and highways connecting the U.S. to global markets. Foreign investment has grown, with international corporations establishing regional headquarters in Chicago. However, globalization has also led to increased competition in manufacturing, prompting the city to diversify its economy.
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