Globalisation is D worldwide economic movement substantiate your answer
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Foreign Direct Investment: Foreign direct investment (FDI) tends to increase at a much greater rate than the growth in world trade, helping boost technology transfer, industrial restructuring, and the growth of global companies.
Globalisation has involved:
- Free trade Free trade is a way for countries to exchange goods and resources
- Free movement of labour
- Increased economies of scale
Greater competition
- Increased investment
- Free trade can harm developing economies
- Environmental costs
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