Usage Note
Mundialización is a calque of French mondialisation and carries a more academic register. The everyday term for the same concept is globalización, which is the form registered by the RAE and is far more widely used across the Spanish-speaking world. Some authors draw a fine distinction between the two, but in ordinary use they are interchangeable.
Examples
"La mundialización ha cambiado la economía global."
Natural Translation
Globalization has changed the global economy.
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