Specification point 4.1.1 · Theme 4

Globalisation

International economics · A global perspective

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ContextWith global economic growth slowing and inequality rising, the case against globalisation is strengthening. But there are also many benefits to globalisation. Global trade and international trade agreements allow countries to focus on their strengths and share expertise, as well as reducing risk through diversification.

Evaluate the likely impact of globalisation on the global economy.

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