Explain one consequence of a more globalised world?

  • More interdependency 

  • More free trade

  • Increased competition

SC
Answered by Saqlain C. Economics tutor

2040 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

What is are economies of scale?


Why are UK government gilt (bond) yields rising and why is that bad?


Explain why income tax in the UK is an example of progressive taxation?


Why should the government consider the price elasticity of demand when imposing tax on goods?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning