SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

What are the Causes of Globalisation (There are a lot..)

Author: eric_galvao



Answer:

-Trade Liberalisation: Removal/Reducing Tariffs and other Restrictions on International Trade -WTO introducing Global Product Standards - Confidence -Reduction in Real Cost & Time in Transporting Goods making it Cheaper to Import and Export (Container Ships) -Improvements in Communication Technology -TNCs being Profit Motivated. FDI influxes around the Globe -Firms Expanding to Exploit Econ of Scale -Bigger Number of TNC, as well as their Influence and Significance. Greater International Investment and Trade -Governments wanting the Benefits of Greater Trade -Opening of New Markets to Trade and Invest (Post USSR) -Growth in International Trade Blocs -Increasing Investment by Sovereign States (Norway) -More International Specialisation


0 / 5  (0 ratings)

1 answer(s) in total