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

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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

How well did you know this?
1
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4
5
Perfectly