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GLOBALISATION 4.1.1, image, image, image, image, -have led to…
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-have led to globalisation in the search for profit and decreasing labour costs.
-Toyota has plants in 26 countries and sells in 140 countries.
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-Increased liberalisation and reduced protectionism has made it cheaper and more feasible to trade. This has happened since 1945 with the break down of the soviet bloc
-internet and satellite connections have sped up financial flows.
-the cost of communication has fallen
-Containerisation has decreased the cost
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