The factor contributing to speeding up globalisation
Globalisation is the result of increased trade and ____ ______
The buying and selling of goods and services within and between countries
a shipping method in which a large amount of material is packaged into large standardized containers
Global companies which operate in more than one country.
Promoted by WTO, to help remove barriers between countries
The main factor that attracts TNCs' investment in countries like India and China
Refers to while the physical distances between places remain the same, changing communications and technological advances have reduced the time it takes to trade or pass information globally
Verticales
the exchange of information over significant distances by electronic means (phones, emails, etc.)
an American company that allows customer to customer trade and was founded in 1995
Globalisation operates mostly in the interests of rich countries and at the ___________ of developing countries.
the process by which the world is becoming increasingly interconnected
An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent.
If it becomes cheaper to operate in another country, the TNC might close the factory and make local people_________
The synonym of produce
The location of China's Special Economic Zone
system of vehicles, such as buses, trains, etc. for getting from one place to another
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