Theme 4 Slatman Flashcards
1
Q
How has globalisation impacted wages as a percentage of gdp
A
More migration so increased supply of labour
Growth of TNC’s
Reduces trade barriers so easier to base manufacturing in low- wage countries
2
Q
How has globalisation impacted wages as a percentage of gdp
A
More migration so increased supply of labour
Growth of TNC’s
Reduces trade barriers so easier to base manufacturing in low- wage countries