Theme 4 so far Flashcards

1
Q

Drawback of a recession line of analysis

A
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2
Q

However – long term potential benefit of a recession…

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3
Q

However – spread risk can reduce the impact of a recession…

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4
Q

Positive impact of a boom

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5
Q

Negative impact of a boom

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6
Q

The effect of economic uncertainty on the business environment

A
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7
Q

Emerging Economies - opportunity for UK businesses

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8
Q

However, the drawback of emerging economies (industrialisation)

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9
Q

However, the cost of targeting emerging economies

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10
Q

Benefit - Exports

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11
Q

Drawback - Exports

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12
Q

Benefit - Imports

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13
Q

Drawback - Imports

A
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14
Q

Benefit of when a country specialises in an industry

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15
Q

However a drawback of When a country specialises in an industry

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16
Q

Benefit of FDI Increased Productivity

A
17
Q

Benefit of FDI Increased domestic demand

A
18
Q

Drawback of FDI - Increased competition

A
19
Q

Drawback of FDI– Increased cost

A
20
Q

Tariffs – benefit for domestic businesses

A
21
Q

Tariffs – increased FDI

A
22
Q

Drawback of Tariffs - Inflation

A
23
Q

Drawback of Tariffs – reduced exports

A
24
Q

Imports Quotas – benefit

A
25
Q

Imports Quotas – drawback – inflation

A
26
Q

Subsidies - benefit

A
27
Q

Government Legislation as a protectionist policy - drawback

A
28
Q

Subsidies – drawback

A
29
Q

Factors leading to increased globalisation

A

Migration
increased FDI
political change
trade liberalisation
containerisation
reduced cost of communication
growth of MNC’s
growth of global labour force
structural change