What have been three of the most important factors that have fueled globalization in recent decades?

1. The fact that United States has become a consumer
nation, rather than one that manufactures has also contributed to globalization. 
When President Clinton gave more support to the North American Trade Agreement, the
textile industry, founded in the South, virtually ended in America and opened trade with
several countries, including Vietnam, Nepal, and such.

2.
The lower prices for which products can be bought from other countries strongly
contributes to global trade, also.  Certainly, after President Nixon opened trade with
China, the consumption of products less expensive thab in the U.S.
began.

3. Another factor that immensely contributed to the
increase in globalization is the ease with which trade can be conducted now.  After the
cancelling of the gold standard in the U.S. in 1971, money was printed and it flowed
overseas to pay debts.  This ease of transfer of money certainly expedited trade, etc.
Nowadays, electronic transfers of money have replaced slower methods.  Transaction among
countries are much easier, also, since the Euro has been accepted
as currency in the continent of Europe.  With a common unit of money, the value of
products can easily be ascertained, so that countries can quickly make judgments
regarding trade and business. Access to the value of the yen, or
other units of money can be completed with ease. as well.