Globalisation-pros and cons

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Consumer choice
more choice of where to buy goods
1 of 6
lower price
more competition means lower price
2 of 6
cheaper labour
its often cheaper to produce abroad
3 of 6
economies of scale
they are selling world wide so they produce more products
4 of 6
Lower profit
as there is more competition
5 of 6
lower sales
as there is more choice
6 of 6

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Card 2

Front

more competition means lower price

Back

lower price

Card 3

Front

its often cheaper to produce abroad

Back

Preview of the back of card 3

Card 4

Front

they are selling world wide so they produce more products

Back

Preview of the back of card 4

Card 5

Front

as there is more competition

Back

Preview of the back of card 5
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