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GLOBALISATION (is a process that includes (they expand their policies (and…
GLOBALISATION
is a process that includes
bussinesses
financial and investments markets
government
social, political and cultural organisations
they expand their policies
and operate internationally
it is a movement of
people
goods
capital
services
modern globalisation dates from the second half of the 20th century
the increase of
international trade and investment
has been favoured by
multilateral agreements between
countries
the creation of free trade areas
is the result of two main factors
deregulation
the removal or diminished importance of restrictive regulasion or protectionist barriers
to the expansion of international trade and investments
improved communications
inludes developments international transport
and advances in information technology