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What two linked changes does globalisation describe?
A
Freer movement of goods and greater interdependence between economies.
B
- Trade in goods and services
- Money moving between countries
- Technology spreading between economies
- People moving for work
C
It allows production to be controlled from a distance.
D
Firms can locate each production stage where it is done best or most cheaply.
Card 1 of 20
4.4.1 What is globalisation Flashcards
20 flashcards on OCR GCSE Economics 4.4.1 What is globalisation: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.