Definitions Flashcards
1
Q
Acquisition
A
a transaction where a TNC buys another company in order to expand
2
Q
asylum seeker
A
people who have left their country and are seeking asylum in another
3
Q
chinas open door policy
A
1978 - china allows foreign industry and TNCs in to promote a modern and thriving china
4
Q
containerisation
A
transporting large amounts of goods in steel containers carrying 25000kg of goods
5
Q
cultural diffusion
A
the spread of cultural beliefs and social actives into different cultrues
6
Q
cultura, erosion
A
reduction of culture due to globalisation
7
Q
deindustrialisation
A
reduction in industrial capacity leading to social and economic change
8
Q
diaspora
A
people;le displaces from their homeland
