How technology and trade blocs have contributed to globalisation
- Created by: Hayley Petts
- Created on: 30-12-12 17:08
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- Explain how technology and trade blocs have contributed to globalisation.
- technology
- transport
- cheap air travel
- importing and exporting of goods easy and cheaply
- containerisation
- 9000+ containers per ship
- vital for economic globalisation
- cheap air travel
- importing and exporting of goods easy and cheaply
- containerisation
- 9000+ containers per ship
- vital for economic globalisation
- containerisation
- importing and exporting of goods easy and cheaply
- cheap air travel
- containerisation
- importing and exporting of goods easy and cheaply
- cheap air travel
- communication
- internet
- mobile
- created a shrinking world
- TNC's can locate manufacturing in LEDC to gain more profit
- creates time space compression
- transport
- globalisation
- economic globalisation
- development of TNC's and markets
- cultural globalisation
- Demographic Globalisation
- increasing migration
- mixing of population
- environmental globalisation
- global environments require global solution
- the many ways in whuich people and places are becoming globally linked
- economic globalisation
- trade blocs
- Political groupings
- EU
- makes movements of goods and money easier
- NAFTA
- North America
- Mexico
- supply cheap labour force
- American TNC's can exploit human resources
- EU
- Comparative Advantage
- countries trade with other for things they are good at making
- French vineyards have good climate to produce wine
- TNC's
- allow trade between MEDC's and LEDC's
- creates idea of shrinking world
- A8 nations joined EU
- Tesco gained access to 75 million new customers
- countries that make agreements to reduce barriers to trade
- tax-free quotas
- removing tariffs (taxes on imported goods)
- Political groupings
- technology
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