Rewrite the text correctly:
What is globalization? This contemporary issue has been formulated differently by many academic while the basic notion that some cross-border trade and investment is happening between nations due to interdependency and increasing integrated international economic system should be a starting point in development any such paradigm.
What is globalization? This contemporary issue has been formulated differently by many academics, while the basic notion that cross-border trade and investment occur between nations due to interdependency and an increasingly integrated international economic system should serve as a starting point in developing any such framework.