Globalization
by MERCEDES CAMPILLO
1. Definition
1.1. How trade and technology have made the world into a more connected and interdependent place
2. Regulations
2.1. Definition
2.1.1. Regulatory globalization is the process by which regulatory agencies extend their reach internationally
2.2. They regulate...
2.2.1. - The flow of goods and services between countries - Reduce tariffs - Make customs procedures easier
3. Private companies are the ones who benefits from it the most
3.1. TNC's
3.1.1. Definition
3.1.1.1. A large company that operates in several countries
3.1.2. What they do
3.1.2.1. - They surpass national borders to take advantages of whatever opportunities they can find - They influence the economy and politics of a country - They influence the global trade laws of the international regulatory groups
3.1.3. They are located where the cheapest labor is.
3.1.3.1. They can be find in...
3.1.3.1.1. Developing nations