Globalisation Flashcards
1
Q
Define Global Shift
A
The relocation of a region’s economic focus point.
2
Q
Define the term TNC
A
A transnational corporation. A company with branches in parts around the world.
3
Q
What is the gender inequality index
A
A form of measuring the development of an area via examining pay gaps as well as opportunities to earn revenue among males and females.
With the increase of globalisation, countries have become more against discrimination among genders.
4
Q
What is the purchasing power parity
A
the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries’ currencies.
