Liberalisation Study guides, Revision notes & Summaries

Explain how changes in technology have speeded up the process of globalisation - correct answer - Decrease in cost to trade - Results in outsourcing and offshoring - Cheaper for consumers - Economies of scale - The race to the bottom - Development of e-tailer - Time space compression Explain how technology has contributed to the process of globalisation - correct answer - Global capitalism is spread by large TNC's - Cheaper labour costs in developing countries - Exchange of capital...

Assess the extent to which globalisation of trade can bring problems as well as benefits- (12), 4 points, 2 benefits + 2 Problems (+ intro). - correct answer Intro- Globalisation of trade is focused on trade liberalisation, removing trade barriers and free movement of goods between countries, with this mainly developed by WTO who are an IGO encouraging free trade, reduced tariffs, quaotas and restrictions, as well as trade blocs that have developed with the grouping up of countries further help...

BRICS - Answer Brazil, Russia, India, China & South Africa Indicators of growth - Answer Statistics that show the extent to which a country is increasing in size Equation of GDP - Answer National income/population Business specialisation - Answer When businesses concentrate on producing specific goods Foreign direct investment - Answer Investment made by a business from one country into the production of a business from another country Globalisation - Answer The increa...

Assess the extent to which globalisation of trade can bring problems as well as benefits- (12), 4 points, 2 benefits + 2 Problems (+ intro). - Answer- Intro- Globalisation of trade is focused on trade liberalisation, removing trade barriers and free movement of goods between countries, with this mainly developed by WTO who are an IGO encouraging free trade, reduced tariffs, quaotas and restrictions, as well as trade blocs that have developed with the grouping up of countries further helping to r...

MNB3701 -Principles Of Global Business Management SEMESTER 2 ASSIGNMENT 01 22 AUGUST 2022. PRINCIPLES OF GLOBAL BUSINESS MANAGEMENT (MNB3701) SEMESTER 2 ASSIGNMENT 01 (DUE DATE : 22 AUGUST 2022) This assignment consists of 30 multiple-choice questions that cover various chapters of the prescribed book. You may require additional resources to complete the assignment, essentially given that some of the assignment questions are practical-orientated. Question 1 Both the concepts of globalisa...

HSC Economics Exam Questions With Answers Define globalisation The breaking down of geographical & artificial barriers over a period of time (between countries & economies) Explain/ Example: The reduction in protectionist policies e.g. tariffs, quotas and subsidies demonstrates an increased trade between nations Define, explain and give an example for the global economy Definition: consists of all production, trade & financial flows, investments, technology and economic behaviour betwee...

HSC Economics Exam Questions With Answers Define globalisation The breaking down of geographical & artificial barriers over a period of time (between countries & economies) Explain/ Example: The reduction in protectionist policies e.g. tariffs, quotas and subsidies demonstrates an increased trade between nations Define, explain and give an example for the global economy Definition: consists of all production, trade & financial flows, investments, technology and economic behaviour betwee...

Notes from all GSW colleges. Notes are in English with Dutch notes. Topics: introduction, institutionalization, institutionalization, sociology, institutionalization, political science & anthropology, communication & organizational science, alternative channels of communication, alternative sources of knowledge, a polycentric world history, white dominance of science, gender in science, western dominance and orientalism, leftist science and cancel culture, impact and serendipity, neo-liberalizat...

Edexcel A level Economics Theme 4 / Edexcel A Level Economics (A) Question Paper 2 June 2023 Globalisation - CORRECT ANSWER-The process in which national economies have become increasingly integrated and interdependant Trade liberalisation Trading blocs Growth of MNCs Technological advances Greater mobility of labour and capital - CORRECT ANSWER-Causes of globalisation (5) Advantages of globalisation (5) - CORRECT ANSWER-Lower prices Benefits of trade Greater employment Large econo...

Liberalisation privatisation globalization LPG (eco)