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Regional Economic Integration (H/C) Robert Guest Takes Us toIs the World Globalized As so Many Pundits Claim? the Facts Say Otherwise. Consumption, for Example, Has a Strong Domestic Bias. Distance and Borders Are Two Important Reasons for This Bias and Are a Powerful Deterrent to Globalization. Also, Multinational Corporations the Organizations That Best Symbolize the Concept of Globalization Do Not Have a Global Reach, but Rather Focus Their Activities Within an Area Surrounding the Home Market. These Facts