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Flashcards in Advantages Of International Trade Deck (5)
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1

What is globalisation tied with?

Free trade - NAFTA which allows mexico canada and United States to exchange products and services

2

What does it create that’s steady?

A steady cash flow into the poorer countries gradually decreasing inequality

3

What reduces company costs?

HIC’s can employ skilled workers from LIC’S

4

Filling gaps within the economy?

EG in the UK they have hired nurses from India to fill their gaps in NHS

5

Environmental advantage?

Montreal protocol 1987 ozone depletion