Abstract
Globalization is understood to imply increased inter-national interactions. However, by enabling the birth and growth of supra-national entities it might undermine the necessity and importance of nation states, which are axiomatically the essence of any inter-national interactions. The attempt in this study is to evaluate the affect of globalization and the rise of supranational corporations on the pre-eminence of nation states as the highest level of aggregation of society.
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