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← Economics notes
Edexcel IGCSE·Economics·IGCSE Economics

Globalisation & Development

11 min read

Globalisation and multinationals, measuring development, and strategies to promote it.

Globalisation

The increasing integration of economies through trade, investment, technology and movement of people. Driven by lower transport/communication costs and trade liberalisation. Multinational companies (MNCs) operate in many countries, bringing jobs and investment but also concerns over wages, conditions and profit flowing abroad.

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