Please enable JavaScript.

Coggle requires JavaScript to display documents.

Globalisation - Coggle Diagram

- - - - Have good skills but create more competition
      - Strain on public services
      - Increased max PP
  - - - Greater choice from other countries e.g. more holiday locations
      - May get homogenised- "international food", all becomes the same
    - - Foreign goods can be cheaper
      - Affected by volatile commodity prices e.g. matching China's development
  - - - Producing majority of final good in low tax
      - Office in low tax to own patents
      - Headquarters in low tax