Globalisation

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  • Globalisation
    • process integrating most or all of world's economies
    • growth of int'l trade and the reduction of trade barriers
  • greater int'l mobility
    • Globalisation
      • process integrating most or all of world's economies
      • growth of int'l trade and the reduction of trade barriers
  • significant increase in power of int'l capitalism and MNCs
    • decrease in govt power of MNCs
      • Critics use dependency theory of trade and development

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