1
Q
What is Globalisation?
A
The process of interaction and integration among people, companies and governments worldwide.
2
Q
What does globalisation increase?
A
Interdependence of economies across the world
Economics A-Level Edexcel A
flashcards
Decks in class (17)
# Cards
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3.1.1 - Sizes and Types of Firms28
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3.1.2- Business Growth29
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3.1.3- Demergers13
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3.2.1- Business Objectives31
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3.3.3- Economies and Diseconomies of Scale30
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3.4.7 Contestable Markets32
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4.1.1 Globalisation2
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4.1.2 Specialisation and Trade31
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4.1.5 Trading Blocs and World Trade Organisation22
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4.1.6 Restrictions on Free Trade29
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4.1.7 Balance of Payments35
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4.1.9 International Competitiveness24
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4.3.2 Factors Influencing Growth and Development50
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4.3.3 Strategies Influencing Growth and Development59
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4.4.1 The Role of Financial Markets9
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4.4.2 Market Failure in the Financial Sector9
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4.4.3 Role of Central Bank31
