IGCSE Economics · Chapter 6.2
Globalisation and trade restrictions
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InteractiveDefinition of Globalisation6.2.1 What globalisation is, its main features and how to measure it.Open →
InteractiveCauses and Consequences of Changes in Globalisation6.2.2 What drives globalisation (trade restrictions, transport and communication costs, MNCs) and its effects on trade, competition, the environment, migration, income distribution and development.Open →
InteractiveThe Role of Multinational Companies6.2.3 What MNCs are, why they locate abroad, and their advantages and disadvantages for host and home countries.Open →
InteractiveTypes of Trade Restrictions6.2.4 Tariffs, import quotas, subsidies and embargoes: what they are and how each affects a market.Open →
InteractiveReasons for Trade Restrictions6.2.5 Why governments restrict trade: infant, declining and strategic industries, dumping, the current account, tax revenue, demerit goods and the environment.Open →
InteractiveConsequences of Trade Restrictions6.2.6 Effects of trade restrictions on the home country and trading partners, trade wars, and the advantages and disadvantages of restricting free trade.Open →
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