How does globalisation work?

Foreign Direct Investment - Investing in other countries - one country puts money to set up businesses in other countries

TNC's - Transnational Corporations - Nike, Apple - operate in many different countries (factories, shops, restaurants in other countries)

The International Monetary Fund (IMF):

How could Greek debt lead to problems in;

Greece - Had to cut jobs increasing unemployment, to pay back loans, could go bankrupt

The EU - Bankrupcy could lead to problems in countries in…