unit 2; topic 2; lesson 5
- Created by: Noah bass
- Created on: 10-04-17 16:14
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- Changing patterns of globalisation
- International trade; the exchange of goods between countries
- TNC's= have invested in developing countries to manufacture goods which are shipped around the world= increasing the growth of global trade
- Commodities; goods bought on the world market
- Commodities are increasing being traded on the world market are food, oil, gas, minerals and manufactured goods
- Foreign direct investment; when a business from one country invests money in a company in another country or builds its own factories or office in another country
- Local benefits
- Building of infrastructure, jobs,
- inequalities
- favours developed countries
- International trade; the exchange of goods between countries
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