main causes of globalisation

main causes of globalisation

1. advances in transportation and communication technology

   • foreign markets and partners in business
   • information technologies brought new valuable tools to businesses and more.

2. conflicts and diplomacy

   • policies have opened economies domestically and internationally
   • negotiations for reductions of barriers between nations
   • communication and relations with other countries
   • nations working together

3. "<...>result of the growing scale of cross-border trade of commodities and services <...>"

   • international trade and investment
   • business and other work expanding through other nations
   • liberalisation of markets

4. growth in global economy

   • assisting developing countries
   • new technology and resources replacing old ones