AuthorTutorCourseDateQuestionsThe idea of globalization has been considered critical because it has enabled a particular commodity found in one area of the globe become accessible to other people in different parts of the world. It is for this idea that it is now feasible for different markets to sell the same commodity. Nevertheless, it is possible for two markets to sell a commodity, but the form in which the commodity is presented in the two markets may vary in some aspects. The purpose of this report is to discuss a commodity that is sold in two markets and offer a description of how the product differs in the two markets.The two markets selected for the purpose of this assignment are South America and the European Union while the product under consideration is shoes. Wearing of shoes is a common idea to consumers in the two markets. However, the shoes sold in the markets tend to have similarities and distinctions. One of the properties that the shoes sold in the two markets share is that they can be categorized as men’s and women’s shoes. This originates from the idea that there are both female and male consumers in the two markets.