Examine how globalisation impacts on world trade with reference to the operations of one multinational company that you have studied. - Leaving Cert Geography - Question B - 2017

Globalisation has significantly impacted world trade through the extensive supply chain operations of Apple Inc. By sourcing components from multiple countries, Apple optimizes production costs and efficiency. This not only lowers consumer prices but also fosters international trade relationships. Additionally, Apple’s global distribution network enhances market access for its products, illustrating the interconnectedness of global markets. The company's strategies also influence local economies, labor markets, and regulatory environments in the countries where it operates.

To delve deeper, Apple operates a complex supply chain that stretches across various nations. For instance, components like chips are sourced from Taiwan, while assembly takes place in China. This geographic diversification allows Apple to mitigate risks associated with political instability or natural disasters in any one region. The impacts of such operations include:

1. Economic Growth: The inflow of investments and jobs into the host countries boosts their economies.
2. Cultural Exchange: With employees from diverse backgrounds, there is a sharing of ideas and practices that enrich both local and international cultures.
3. Trade Balances: Countries involved in the supply chain see changes in their trade balances, for better or worse, which can lead to shifts in policy regarding trade agreements.

Thus, the global operations of Apple underscore how globalisation shapes trade patterns and economic structures worldwide.