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- Write a paragraph in which you briefly describe how globalization affects daily life.Question 10 Which statement describes the effect on the economy of Russia caused by the collapse of the Soviet Union? A B с D Russia had to transition from a command economy to a market economy. The government had to seize control of a market economy. The economy became very strong because of increased trade with foreign nations. Russia's economy became dominated by state-owned business.what is the United States economic system. and what does globalization have to do with it ?