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explain why some countries are more globalised than others
landlocked
trade relies on good communication with neighbours which is not always guaranteed
goods must be transported further before internationally by sea
increases costs so reduces profits
explain one reason why the global shift of industry has led to environmental problems in some developing nations
industries pollute toxic metals and sewage into rivers
causes oxygen depletion and dead zones
aquatic life cannot survive
biodiversity decreases and species become endangered
explain one reason why the global shift of industry has had negative impacts on some people in the developing world
unemployment reduces local incomes
and then gov tax
so investment in local services declines
reducing QoL
explain one reason why many people in the developed world support global industry shift
more tertiary and quaternary jobs
with higher wages
so more disposable income to spend in local economies
so larger gov tax base
explain a reason why free trade policies are promoted by international economic organisations
reduce trade barriers like quotas
means more countries can participate in trade
as it costs less
allows them to profit boosting their economies
explain one way governments can attract FDI
by creating SEZs
as tax incentives attract TNCs to locate
as its cheaper than other places
so profit margins greater
explain why globalisation results in cultural erosion in some parts of the world
results in global shift
where TNCs roll out new clothing and food in asia
thats influential with the youth
becoming favourable over traditional customs