4.1.3 Flashcards

1
Q

globalisation

A

networking/relationship between diffrent countries

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2
Q

factors of globalisation

A

trade barriers
political change
reduced cost of transport + communication
increased fdi + migaration

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2
Q

trade barriers eg

A

tarriffs and quotas

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3
Q

tarriff

A

taxes on imports

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4
Q

quotas

A

limits on imports

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5
Q

political change eg

A

china - increased trade

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