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Globalisation Introduction
09 April 2012
12:35


· Trade has always been means of acquiring a good which a country does not possess.
· The G8 includes eight of the largest industrialised countries: Canada, France, Germany, Italy,
Japan, Russia, the UK and the USA whom meet to discuss matters of global…

Page 2

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What do countries trade - Globalisation
10 April 2012
17:17



· What is globalisation
Globalisation is the rapid expansion of world trade in goods and services leading to
greater international interdependence.
To produce goods and services many large firms have emerged which produce goods in
a number of different countries…

Page 3

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Multinationals
09 April 2012
13:36


· What is a multinational company?
A company that has its headquarters in one country but operations all over the world - they are
very big organizations examples are Ford, Toyota, Shell, BP, Microsoft etc.
Multinationals account for
20% of production in the global economy…

Page 4

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International specialisation and trade
09 April 2012
13:36


International trade has grown because countries are better at producing different products and can gain by
trading these for products that other countries are good at producing.
What is meant by specialisation
· Being better than another country at providing a good…

Page 5

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The world trade organisation
09 April 2012
13:36


What is meant by free trade
· 1930 countries tried to deal with world recession by putting barriers to trade in order to protect home
industries and employment which made it more difficult for the world to recover as demand for goods…

Page 6

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Patterns of trade
09 April 2012
14:33


Exports and imports
· Exports consist of goods and services which UK forms provide and sell to people and firms
not resident in the UK and results in money coming into the UK for example someone from
Japan flies to Manchester on British…

Page 7

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Protectionism
09 April 2012
14:33


What is protectionism and tariffs
· Protection - where an action is taken that reduces international trade
· Tariff - a tax placed on imports to increase the price and reduce the quantity demanded.
Why protect some industries
· Infant industries
Countries often claim they…

Page 8

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Quota
· This is a physical limit on the number of goods imported into a country, it could be a stated
number or it could be a percentage of the total market for example in terms of Japanese cars the
manufacturers are limited…

Page 9

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Economics Page 9

Page 10

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China and India
09 April 2012
14:33


How will the growth of China and India affect world trade
· There has been a massive increase
· There is a high demand for imports in both countries due to the large population - i.e. there
is a large consumer market.
·…

Comments

Shiv

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Thanks for the notes they will help a lot :)

samir

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anyone got an exam on Monday help needed!

email [email protected] 

Thanks 


Demi

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In the spec it says "evaluate the role of mncs in globalisation' what does this mean? Like what do they want us to talk about.

reeceb0017

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Hi I love this it is absolutey grate. using it for my Maths GCSE to learn quadratics

reeceb0017

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Hi I love this it is absolutey grate. using it for my Maths GCSE to learn quadratics

reeceb0017

Report

Hi I love this it is absolutey grate. using it for my Maths GCSE to learn quadratics

reeceb0017

Report

Hi I love this it is absolutey grate. using it for my Maths GCSE to learn quadratics

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