Globalisation And Trade Restrictions
Akopọ
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.
Awọn Afojusun
- causes of changes in globalisation: - changes in trade restrictions - changes in transport costs - changes in communication costs - movement of multinational companies (MNCs)
- effects of changes in globalisation on: - international trade - competition - the environment - migration - income distribution - economic development
- MNCs and their advantages and disadvantages to host countries and home countries
- tariffs
- import quotas
- subsidies
- embargoes
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Oriire fun ipari ẹkọ lori Globalisation And Trade Restrictions. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.
Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.
Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.
- 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
- 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
- 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
- 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
- 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
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Awọn Iwe Itọsọna Ti a Gba Nimọran
Ẹ̀kọ́ síwájú láti àwọn orísun ṣíṣí
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Abala ìwé ẹ̀kọ́
Protectionism: An Indirect Subsidy from Consumers to Producers
Explain protectionism and its three main forms
"Principles of Economics 2e: Protectionism: An Indirect Subsidy from Consumers to Producers" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/principles-economics-2e/pages/34-1-protectionism-an-indirect-subsidy-from-consumers-to-producers. Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
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Abala ìwé ẹ̀kọ́
International Trade and Its Effects on Jobs, Wages, and Working Conditions
Discuss how international trade influences the job market
"Principles of Economics 2e: International Trade and Its Effects on Jobs, Wages, and Working Conditions" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/principles-economics-2e/pages/34-2-international-trade-and-its-effects-on-jobs-wages-and-working-conditions. Access for free at https://openstax.org/books/principles-economics-2e/pages/1-introduction
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