Theme 4 part 2 Flashcards

1
Q

Factors Contributing to Increased Globalisation -Increased investment flows (FDI)

A
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2
Q

Factors Contributing to Increased Globalisation -Migration (within and between economies)

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3
Q

Factors Contributing to Increased Globalisation -Growth of the global labour force

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4
Q

Factors Contributing to Increased Globalisation -Structural change

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5
Q

Expansion of trading blocs: Benefit – increased demand

A
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6
Q

Expansion of trading blocs:Benefit – lower costs of sales

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7
Q

Expansion of trading blocs:Drawback

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8
Q

Factors that prompt trade analysis – push factors: Saturated market

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9
Q

Factors that prompt trade analysis – push factors: Increased competition

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10
Q

Factors that prompt trade analysis – pull factors: Risk spreading

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11
Q

Factors that prompt trade analysis – pull factors: However

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12
Q

Factors that prompt trade analysis – pull factors: Economies of scale (however)

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13
Q

Offshoring leading to international trade – differentiation

A
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14
Q

Offshoring leading to international trade – lower unit costs

A
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15
Q

Offshoring leading to international trade – lower unit costs..however

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16
Q

Outsourcing leading to international trade – differentiation

A
17
Q

Outsourcing leading to international trade – lower unit costs

A
18
Q

Outsourcing leading to international trade – lower unit costs however

A

Correction to the image: More defective goods

19
Q

Factors Contributing to Increased Globalisation - analysis
Reduction of international trade barriers/trade liberalisation

A
20
Q

Factors Contributing to Increased Globalisation - analysis
Political change

A
21
Q

Factors Contributing to Increased Globalisation Reduced cost of transport (containerisation)

A
22
Q

Factors Contributing to Increased Globalisation Reduced cost of communication

A
23
Q

Factors Contributing to Increased Globalisation Increased significance of global (transnational) companies

A