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This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others. - Richard Grasso This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others. - Richard Grasso This is a basic requirement the meaning of globalization is that we should admit that the economy of each country is dependent on the economy of all the others. - Richard Grasso