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Globalisation

Globalisation. A2 Economics. Aims and Objectives. Aim: Understand globalisation Objectives: Define globalisation Explain the role of MNCs Analyse the effects of globalisation on firms and LDCs. Globalisation.

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Globalisation

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  1. Globalisation A2 Economics

  2. Aims and Objectives Aim: • Understand globalisation Objectives: • Define globalisation • Explain the role of MNCs • Analyse the effects of globalisation on firms and LDCs

  3. Globalisation • Trend towards worldwide markets in products, capital, labour and unrestricted trade barriers. • Fewer tariffs (taxes on products imported/exported) • Fewer quotas (limits on number of exports/imports)

  4. Aspects of Globalisation

  5. Speed of globalisation has been influenced by the following factors….

  6. Globalisation has increased competition in all markets and led to the following outcomes…

  7. Effects of Globalisation on Developing Countries • MNCs play a vital role in developing countries • There are benefits to the firm and country, however some MNCs are having a negative impact on LDCs. • Feedback

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