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4.1.1 Globalisation

What is globalisation?

A

The replacement of national economies by one worldwide government and currency.

B

Government control of international trade through higher tariffs, quotas and capital restrictions.

C

Growing integration and interdependence of national economies through cross-border flows of goods, services, capital, labour and technology.

D

Growing separation and independence of national economies through domestic production and consumption.

4.1.1 Globalisation Flashcards

  1. A Level
  2. /Economics
  3. /4.1.1 Globalisation

Flashcards for Edexcel A A Level Economics 4.1.1 Globalisation, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 27 cards, matched to the Edexcel A A Level Economics (9EC0) specification.