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Flashcards in global flows - products Deck (6)
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1

who facilitates the movement of goods?

the world trade organisation

2

what are certain restrictions on movement of goods?

tarriffs
transport and time costs

3

how have transaction costs been reduced?

with the improvements in flows of data and ease in which capital can be transferred
such as internet banking

4

how have transport costs and time been reduced?

by containerism
air transport

5

how many trips do containers make a year?

200 million

6

how have the world trade organisation reduced barriers?

they have encouraged the reduction of tariffs in order for countries to work together