Globalisation Flashcards
1
Q
What are the concepts of globalisation ?
A
The movement of capital
Transport
Free trade agreements
Buying from foreign country’s
2
Q
What does free trade mean ?
A
No tariffs
3
Q
Benefits of locating in another country ?
A
Lower running costs
Lower labour costs
The environment
4
Q
What is globalisation ?
A
The process in which activity around the world is interconnected
