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explain one reason why the global shift of industry has had a negative impact on some people in the developed world. -4
One reason is that there are high rates of unemployment in developed countries due to there being cheaper labour in oversea countries which reduced local incomes, and this has therefore led to spiral of decline
explain one reason why many people in the developed world support the global shift of industry. -4
one reason is that factories are overseas which means there is less air pollution in developed countries. this reduces threats to health leading to reduced costs for health treatments meaning governments can spend on more important priorities.
explain one reason why free trade policies are promoted by international economic organisations. -4
the world trade organisation aims to reduce barriers by removing protectionist policies such as use of tariffs and act to resolve disputes between members so that TNCs can operate freely.
explain one way governments can attract foreign direct investment (FDI) -4
they create special economic zones which are tariff free allowing increased profits for foreign companies which can be sent to company headquarters overseas.
explain one reason why some locations remain ‘switched off’ from globalisation. -4
countries are landlocked therefore deterring inward investment from TNCs who are seeking an import and export base resulting in a lack of flow of trades.