Business Globalisation

Exports are

• Goods out

• Goods in

• good grief

Imports are

• Goods in

• goods out

A disadvantage of international trade

• language sales

• Growing sales

An advantage of international trade

• Reduced risk

• long supply chains

Globalisation is

• Growing International trade

• less international trade

NOT a multinational

• Crew chronicle

• Coke

Drawback of globalisation

• threat of takeover

• lower production costs

Benefit of globalisation

• cheaper resources

• competition is fierce

MNC

• Multinational company

• Mighty Nice cupcake

Population of the EU

• 500 million

• 5000 million