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10 cards from this deck
Emerging economies, TNCs, intl orgs, trading blocs
China, India, Brazil, South Korea
IMF, World Bank, WTO
Increased output reduces per-unit costs through specialisation
New industries in developing countries can't compete with TNCs
Brexit, Trump's election
Global products customised for local markets
Job losses & wage stagnation in developed countries
Increased transport emissions from moving goods globally
Profits sent home, not reinvested locally in dev. economies
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