Economics (9-1) - 0987 CIE

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

  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

Akọ̀wé Ẹ̀kọ́

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.

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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.

  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

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
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O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

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