1.1 Piccadilly Circus Flashcards

1
Q

Globalisation

A

When businesses and countries start to develop existing international influence and communication allowing them to interact with other countries and make trade deals easily.

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2
Q

Widening & Deepening Global Connections

A

Increasing the amount of countries you’re connected to and improving the quality of pre-existing relationships.

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3
Q

Flows

A

Flows of goods, ideas and money which are needed to successfully run a country/economy.

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4
Q

Commodity

A

Basic good

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5
Q

Capital

A

Money

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6
Q

Migration

A

Flow of people

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7
Q

Tourists

A

Flow of foreign visitors

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8
Q

TNC

A

A firm operating in 1 or more country.

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9
Q

Schengen Zone

A

European countries that have abolished all passport and all types of border control on mutual borders, making travelling easier.

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