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15 cards from this deck
Increasing interdependence of world economies, cultures, populations - driven by trade, investment, technology
Market (consumer preferences), Cost (cheap labour), Government (reduced trade barriers), Competitive (alliances)
Companies operating in multiple countries managing commodity chains from raw materials to finished products
Cheaper labour/raw materials, govt incentives (tax breaks), market expansion, global brand recognition
USA, EU, Japan - dominate global trade, control advanced tech, high productivity/living standards
China and India - emerging economies, exploited by core but exploit peripheral regions
Low tech/productivity, dependent on raw material exports (e.g., Sub-Saharan Africa)
USA, EU, and Asia
Container shipping, air freight, internet, mobile phones for global coordination
Eliminates tariffs, eases movement of goods and services
12.5%
Apple in Cork (European HQ), Pfizer in Ringaskiddy (pharma manufacturing)
ICT (software), agricultural (dairy), pharmaceutical products
Oil extraction in Nigeria causes severe environmental degradation
Amazon - enables global reach without physical presence
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