What are tools to enhance globalization?

Globalization is a process shaped by growing
world trade and new technologies simplifying communication and transport. Technological tools
improve how goods are produced and make them available to citizens across the globe.
Transportation technologies have removed barriers involving distance and speed and lowered
transport costs. New networks of transportation have improved the flow of goods and services.
Communication technologies connect geographically dispersed workers and support effective
collaboration between markets and business locations. Along with technology, another tool
enhancing globalization is the growth of foreign direct investment (FDI). Businesses use new
technologies to open branches in foreign markets and to communicate with foreign investors. The
internationalization of business activity has expanded trade, while new international
regulations support an open market and a unified economy.