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WSET ® Level 4 D2 Business of Wine flashcards

4.1 globalisation

This class was created by Brainscape user Jasmine Kaur. Visit their profile to learn more about the creator.

By: Jasmine Kaur
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Decks in this class (12)

international trade and business growth
Define specialisation,
How can specialisation make a fir...,
Define efficiency
5  cards
international trade and business growth 2
What is foreign direct investment...,
Reasons for fdi,
What are the potential issues wit...
5  cards
protectionism - tariffs
What is protectionism,
What is tariff,
What does tariffs do to price and...
8  cards
protectionism - import quotas
What is an import quota and what ...,
What is an import quota and what ...,
What is the impact of import quot...
6  cards
protectionism - subsides
What are subsidies,
How do subsidies affect a busines...,
Advantages of subsidies
4  cards
protectionism - government legislation
What do government legislations f...,
What are government legislations ...,
Benefits of government legislation
4  cards
trading blocs
Define trade liberalisation,
Define trade bloc and the aim,
Joining a trade bloc leads to tra...
6  cards
impact of trading blocs
The advantages for businesses ins...,
The disadvantages for business in...,
The problems for businesses outsi...
3  cards
growing economies
What is globalisation,
What is gdp,
What are the characteristics of e...
7  cards
growing economies - indicators of growth
Gdp per capita,
Literacy and why is it important,
Health and why is it important
5  cards
factors contributing to increased globalisation
Reasons for moving to internation...,
Reduction of international trade ...,
World trade organisation
7  cards
trade liberalisation
Define trade liberalisation,
Benefits of trade liberalisation,
Drawbacks of trade liberalisation
3  cards

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4.1 globalisation

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