GEOG 1HB3 Lecture Notes - Lecture 5: North American Free Trade Agreement, Nationstates, Mercosur
18 Dec 2017
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Tennis balls made in england were made by dunlop which had a facility. In 2002, made strategic decision to move production to philippines. No taxes or duties on products coming in, labour pool restricted from creating uniones. Jobs are shifting from developed nations to lesser developed nations and exploiting the population in those countries. Globalization in a way how all the countries are connected in the production of tennis balls, and that is simply just one example. Globalization: increasing interconnectedness of people and societies around the world. Globalization: a complex combination of economic, political, and cultural changes that have long been evident but that have accelerated markedly since about 1980, bringing about a seemingly ever-increasing connectedness of both people and places (chapter: introduction) A global shopping mall and a global assembly line. The emergence of a globalized economy is best illustrated via the rapid growth in world trade.
