Flashcards
GLOBALISATION - for and against
Cards in this deck (3)
- 1GLOBALISATIONDESCRIBES THE RECENT & RAPID PROCESS OF .. INTERCONTINENTAL ECONOMIC, SOCIAL & POLITICAL INTERACTION...
enabling people to communicate, travel and invest easier than before... - 2FOR- FREE TRADE .. exchange of goods, specialisation etc.
- REDUCTION OF POVERTY ... increased SOL
- SPECIALISATION .. lower prices, more choice, more export markets
- FREER MOVEMENT OF LABOUR - 3AGAINST- BRAIN DRAINS .. skilled labour leave developing countries
- COMPETITION puts locals out of business
- WESTERNISATION .. loss of identity (fashion)
- ENVIRONMENTAL CONCERNS .. exploitation
- INFLATION .. rising commodity prices, excess demand
Information
- Description
- International Business Environment Flashcards on GLOBALISATION - for and against, created by erika cotton on 25/05/2018.
- Created by
- erika cotton · May 2018
- Updated
- May 25, 2018
- Views
- 0
- Rating