How Golbalisation Affects The Uk Flashcards

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1
Q

What are the reason for globalisation?

A
  • free trade
  • foreign direct investment
  • TNCs
  • privatisation increase
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2
Q

What does globalisation increase?

A
  • trade
  • increase in movement of labour capital
  • jobs
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3
Q

Why is London’s time zone good for business?

A

Can trade with Asia 5-7 hours ahead, Australia 8-11 hours ahead

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