What are the main features of globalisation ?
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Key features of globalisation
• Rapid expansion of international trade
• Internationalisation of products and services by large firms
• Growing importance of multinational corporations
• Increase in capital transfers across national borders
• Globalisation of technology
• Shifts in production from country to country
• Increased freedom and capacity and firms to undertake economic transactions across national
• boundaries
• Fusing of national markets
• Economic integration
• Global economic interdepende
• Rapid expansion of international trade
• Internationalisation of products and services by large firms
• Growing importance of multinational corporations
• Increase in capital transfers across national borders
• Globalisation of technology
• Shifts in production from country to country
• Increased freedom and capacity and firms to undertake economic transactions across national
• boundaries
• Fusing of national markets
• Economic integration
• Global economic interdepende
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