Global Governance

Question 1

What are the 4 dimensions of globalisation?

Answer 1

Flows of information, technology and capital.
Flows of products and labour.
Flows of services and global marketing.
Patterns of production, distribution and consumption.

Question 2

What are the 5 factors in globalisation?

Answer 2

New technologies, communications and information systems. 
Global financial systems. 
Transport systems. 
Security. 
Trade agreements.

Question 3

What does the World Trade Organisation do?

Answer 3

Oversees over 97% of world trade, providing a forum for negotiations and ensuring that trade agreements are followed.