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6.3 Business and the International Community (1. Globalisation (Free Trade…
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:pencil2: Describes increases in worldwide trade and movement of people and capital between countries
:pencil2: When countries agree to trade imports, exports w/o tariffs, quotas
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:pencil2: When governments protect domestic firms from foreign competition using tariffs, quotas
:pencil2: Have factories, production or service operations in more than one country. Aka transnational businesses
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