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Economics 4.1.1 - Coggle Diagram

- - - - greater consumer choice
      - lower prices due to global competition
    - - firms can specialise and scale up EoS which decreases costs
      - gain access to new markets to sell exports which boosts GDP of country
    - - access to cleaner technologies
      - international environment agreements
  - - - higher volumes of transport means more carbon emissions
      - overconsumption and more waste
    - - job insecurity
      - poor working conditions and limited working rights
    - - deindustrialisation leads to structural unemployment
      - vulnerable to global shocks as economies are integrated together