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Features of globalisation

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Features of globalisation

Posted by Tanya Rawat 5 years, 11 months ago

CBSE > Class 12 > Sociology

1 answers

Yogita Ingle 5 years, 11 months ago

Greater trade in goods and services both between nations and within regions
An increase in transfers of capital including the expansion of foreign direct investment (FDI) by trans-national companies (TNCs) and the rising influence of sovereign wealth funds.
The development of global brands that serve markets in higher and lower income countries.
High levels of labour migration within and between countries.
New nations joining the world trading system. China and India joined the WTO in 1991, Russia joined the WTO in 2012

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