Economics (9-1) - 0987 CIE

Globalisation And Trade Restrictions

Gbogbo ọrọ náà

The phone in your pocket may have been designed in one country, built from parts made in several others, and sold worldwide. That is globalisation: economies woven ever more tightly together. Yet many governments still put up barriers to trade. Why?

In this lesson you will learn what drives globalisation, its effects on trade, competition, the environment and people, the role of multinational companies, and the main trade restrictions: tariffs, quotas, subsidies and embargoes. By the end you will be able to weigh the benefits of open trade against the case for protection.

Ebumnobi

  1. causes of changes in globalisation: - changes in trade restrictions - changes in transport costs - changes in communication costs - movement of multinational companies (MNCs)
  2. effects of changes in globalisation on: - international trade - competition - the environment - migration - income distribution - economic development
  3. MNCs and their advantages and disadvantages to host countries and home countries
  4. tariffs
  5. import quotas
  6. subsidies
  7. embargoes

Akọmọ Ojú-ẹkọ

Globalisation shapes the prices you pay, the jobs available, and the products you can buy. It can lift incomes and widen choice, but it also exposes domestic firms to fierce foreign competition, which is why governments reach for trade barriers. Understanding both the pull of open trade and the logic of protection is central to the international trade section of the course.

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

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Ayẹwo Ẹkọ

Ekele diri gi maka imecha ihe karịrị na Globalisation And Trade Restrictions. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.

Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.

Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.

  1. A tariff is best described as: A. a quantity limit on imports B. a tax on imports C. a ban on trade with a country D. a payment to foreign firms Answer: B
  2. An import quota reduces imports by: A. taxing them B. setting a physical limit on the quantity allowed in C. subsidising them D. banning them completely Answer: B
  3. A complete ban on trade with a particular country is called: A. a tariff B. a quota C. an embargo D. a subsidy Answer: C
  4. Which has driven the increase in globalisation? A. higher transport costs B. more trade restrictions C. falling communication costs D. fewer multinational companies Answer: C
  5. A disadvantage of an MNC for a host country is that it may: A. create jobs B. bring in investment C. force local firms out and repatriate profits D. raise tax revenue Answer: C

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese
Onye inyeaka mmụta AI
Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla
Ọ dị na Android, Windows, macOS, na Linux

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese
Onye inyeaka mmụta AI
Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla
Ọ dị na Android, Windows, macOS, na Linux

Meecha Ajụjụ Ule Ọmarịcha

Ị chọrọ ime ajụjụ ule ọmarịcha gbasara Globalisation And Trade Restrictions? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.

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