Beneficaries Of Globalisation Flashcards
1
Q
Who benefits the most from globalisation?
A
Newly industrialising counties.
TNCs
International organisations.
Regional trade blocs.
2
Q
Why do newly industrialising countries benefit from globalisation?
A
Developed rapidly due to increased investment.
TNCs / FDI / natural resources / bigger competition
3
Q
How have TNCs benefitted from globalisation ?
A
Grown industrially and in service sector.
TNCs given global powers.
4
Q
How have international organisations benefitted from globalisation ?
A
IMF , WB and wto contributed.
Power in the world.
5
Q
How do regional trade blocs benefit from globalisation?
A
Benefit their members.
