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4 Cards in this Set
- Front
- Back
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Definition- Globalisation |
Increasing interdepenant and integrated |
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Causes of globalisation |
Growth of free trade, multinational companies, technology, transport, WTO/trading blocks like EU |
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Impact of globalisation |
Global trade cycles, competition, economies of scale |
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Cost of Globalisation |
Domestic firms uncompetitive, winners and losers |
