Answer to Question #101300 in Other Geography for Razvan

Question #101300
Wich are factors that are leading the Globalisation
1
Expert's answer
2020-01-17T05:27:11-0500

Factors that are leading to globalization include:

i. Technological changes increasing trade cross borders

ii. Economies of scale enabling firms to produce cheaply

iii. Containerization - Shipping costs have reduced which have increased cross-border trading

iv. Less protection and reduction of trade tariffs

v. Growing of business strategies in both transnational and multinational firms



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