How technology and liberalization as a factors that have enabled globalization.
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Factors enabling globalisation - definition
(i) Technology: Rapid improvement in technology has been one major factor that has stimulated the globalisation process. (ii) Trade barrier: Tax on imports is an example of trade barrier. It is called a barrier because some restriction has been setup.
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FACTORS ENABLING GLOBALISATION - DEFINITION
(i) Technology: Rapid improvement in technology has been one major factor that has stimulated the globalisation process.
(ii) Trade barrier: Tax on imports is an example of trade barrier. It is called a barrier because some restriction has been setup.
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