Flashcards
intro to globalisation
Flashcards do conjunto (5)
- 1GLOBALISATION "The geographic dispersion of industrial and service activities, e.g. Research and development, sourcing of inputs, production and distribution, and cross border of networking companies"CHARACTERISTICS
-Trade and international trade
-transfers of capital, incl. FDI via TNCs
-Global Brands markets serving in low and high income countries (McDonalds)
-Spatial Division of Labour (refer to Apple)
-Interdependence
-Labour migration - 2DRIVER 1 CONTAINERISATIONCosts of ocean shipping has decreased, thereby a lower cost of shipping in the global economy brings manufacturing prices close to prices of export market
- 3DRIVER 2 ECONOMIES OF SCALEIncrease in mimimum efficient scale, if MES is rising, domestic markets may be regarded as too small to satisfy the selling needs of these industries.
- 4DRIVER 3 OPENING UP OF GLOBAL FINANCIAL MARKETSremoval of K controls in many countries facilitating FDI
- 5DRIVER 4 LESS PROTECTIONISMold forms of trade barriers have been dismantled, opening up economies to trade.
Informações
- Descrição
- A-Level world development (Globalisation) FlashCards sobre intro to globalisation, criado por jordsisaac em 20-01-2016.
- Criado por
- jordsisaac · jan 2016
- Atualizado
- 19 fev 2016
- Visualizações
- 1
- Avaliação