Globalisation

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  • Created by: caits
  • Created on: 08-04-14 14:46

Blobalisation - the process by which the world's countries are becoming better connected

Blobalisation has meant that national boarders have become less important whilst transnational companies (TNC's) have become more influential by promoting international trade. TNC's have invested in developing countries by foreign direct investment to manufacture goods which are then shipped to North America and Europe.

The most trade goes into England. Lots of trade is…

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