Globalisation
“The growing interdependence of countries worldwide through the increasing volume and variety of cross-border transactions in goods and services and of international capital flows, and through the more rapid and widespread diffusion of technology” (source: IMF).
Tasks
- Watch video 1.1
 - Summarise how the following factors have contributed to globalisation.
 - Technology
 - Transport
 - Trade barriers
 - What are the 3 main areas of globalisation?
 - Summarise the importance of each of the areas in globalisation
 - What is the concept of McWorld?
 

