Impacts Of Globaslisation

Question 1

What is free tree?

Answer 1

The free flow of goods and services known as free trade without tariffs.

Question 2

What is Forge in direct investment and what can it be used for?

Answer 2

To invest anywhere with unrestricted flows of capital known as FDI with this companies can invest abroad

Question 3

What is the role of a TNC? Transportation network companies

Answer 3

There role is to increase privatization

Question 4

What is privatization and what can it be used for?

Answer 4

Privatization is the change in owner ship of services such as rubbish collection from the public sector. It can be used to own something by a private sector rather than the government

Question 5

What is globalization and what can it be used for?

Answer 5

Globalization-the process by which businesses or other organizations develop international influence or start operating on an international scale. It can be used for gaining specific recourses in certain countries

Question 6

What is a benefit of globalization in the uk?

Answer 6

Multiple companies may migrate over to the up for its benefits and to trade internationally without tariffs therefore a better economy is proposed
Increased trade opportunities

Question 7

What is a negative of globalization?

Answer 7

Large superpower country might have a high expectation from lower countries to produce recourses and trade therefore putting more pressure on the poorer country

Question 8

Does globalization affect the environment?

Answer 8

Yes large builds and development of industries can provoke global warming and pollution