An architectural services firm based in Country A is considering opening a design office in Country B. The table shows changes in the conditions faced by the firm.
| Condition | Year 1 | Year 2 |
|---|---|---|
| Time taken to send a 6 GB design file from Country A to Country B | 75 minutes | 3 minutes |
| Maximum annual investment each firm is permitted to transfer from Country A to Country B | £0.5 million | £5 million |
Which option identifies the two driving factors of globalisation shown in the table and how they could affect the firm's decision?
Improved communication and relaxed controls on moving money, so running and funding an office in Country B becomes easier
Improved communication and fewer restrictions on trade, so selling designs to customers in Country B becomes easier
Cheaper transport and fewer restrictions on trade, so shipping printed plans to Country B becomes easier
Cheaper transport and relaxed controls on moving money, so sending staff and equipment to Country B becomes easier
49 exam-style questions on OCR GCSE Economics 4.4 Globalisation, covering 4.4.1 What is globalisation, 4.4.2 Measuring development, 4.4.3 Globalisation in developed countries, and 4.4.4 Globalisation in less developed countries. Each one has a worked solution and a mark scheme showing where the marks go.