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Which three roles do people in a developed country have in globalisation?
A
Firms producing standard goods are most exposed to low-cost competition.
B
Goods can be produced wherever costs are lowest, while import competition limits domestic prices.
C
Production may move abroad, transferring emissions to another country rather than reducing them worldwide.
D
- Producers competing in world markets
- Workers whose jobs are exposed
- Consumers buying global goods
Card 1 of 20
4.4.3 Globalisation in developed countries Flashcards
20 flashcards on OCR GCSE Economics 4.4.3 Globalisation in developed countries: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.