Flashcards in Factors Which Promote Globalisation Deck (5)
FOC - what is invested money spent on?
Something to produce an income / increased profit
FOC - foreign direct investment increased why?
More connections and improvements in online banking
FOP - manufacturing developed to where?
NEE’s and LIC’s due to cheaper labour - international trade in manufactured goods increasing as result
-movement of workforce
-high skilled workers move to developed countries
-remittances sent home