Globalisation How does the economy of a globalised world function in different places? Globalisation means the greater integration of the global economy. Can you list four ways that this integration has happened over the last 30 years? 1. 2. 3. 4. What does this model show? Describe how employment changes as countries undergo economic development? ………………………………………………………………………………………………………… Give an example of a country at each stage of development and try to describe their employment structure. What role do global institutions play in creating a more globalised economy? Point… Explanation… Development… Global Institution Role it plays How does it increase globalisation and improve trade? World Trade Promotes free trade by The banana wars are an example of Organisation persuading countries to WTO activity, with tariffs on big reduce or remove trade banana companies in Latin America in barriers like taxes, tariffs and order to promote smaller producers quotas of Caribbean
Globalisation How does the economy of a globalised world function in different places? Globalisation means the greater integration of the global economy. Can you list four ways that this integration has happened over the last 30 years? 1. 2. 3. 4. What does this model show? Describe how employment changes as countries undergo economic development? Give an example of a country at each stage of development and try to describe their employment structure. ………………………………………………………………………………………………………… What role do global institutions play in creating a more globalised economy? Point… Explanation… Development… Global Institution Role it plays How does it increase globalisation and improve trade? World Trade Organisation Promotes free trade by persuading countries to reduce or remove trade barriers like taxes, tariffs and quotas The banana wars are an example of WTO activity, with tariffs on big banana companies in Latin America in order to promote smaller producers of Caribbean
Globalisation%20Revision%20Booklet.docx