Indicate your understanding of the concept of globalisation and discuss fully its implications for Caribbean business development. ... The prospects of increased profitability in the home market are improved while there are greater opportunities to counter falling demand in one area by increasing demand in others. ... The decline in the barriers to the free flow of goods, services and capital is also a driving force behind the globalisation process. ...

• Word Count: 673
• Approx Pages: 3
• Grade Level: Undergraduate

If you do not come from Indiana, you may use your home state. ... The advantages of these phases would be the reduction of geographical inequalities by spreading jobs and business opportunities all around the word. ... They are products known and consumed from Ulan Bator to Little Rock - and also powerful companies that drive globalization forward, creating new laws, new business practices, new ways to eat and drink, new hopes and dreams. ... North American Free Trade Agreement. ... This chapter declares the establishment of a free-trade area between Canada, the United States and Mexico, descr...

• Word Count: 479
• Approx Pages: 2
• Grade Level: Undergraduate

However, globalization also refers to the relatively free movement of financial capital, skills, people, and ideas across geographic and political borders. ... Global trade is made business to business, not nation to nation, and it is always changing and growing. ... Trade barriers which used to exist in abundance have been dramatically reduced by the introduction of regional trading alliances such as the EU (European Union), the NAFTA (North American Free Trade Agreement), and the CERTA (Closer Economic Relations Trading Agreement- between Australia and New Zealand) to name a few. ... However...

• Word Count: 1004
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

The goal should be to help producers of goods and services, exporters, and importers conduct their business. ... But it should reduce some inequalities, should give smaller countries more voice, and at the same time freeing the major powers from the complexity of having to negotiate trade agreements with each of their numerous trading partners. ... To sum up, Globalisation is a description of the fact that countries and their citizens are affected by other people, or governments, or businesses, or decision-makers all around the world. ... The telephone which first connected suburbs now conne...

• Word Count: 977
• Approx Pages: 4
• Has Bibliography

The WTO is not more beneficial than harmful to humanity and the environment because the system is corrupted by those who derive advantage from the suffering of others, does not conform to human rights, and only serves the interest of international large businesses. ... While they claim that free trade and human rights go hand in hand, in fact it is quite the opposite. ... Because the WTO is not democratic, its policies are unfair and only serve the needs of international large business. ... While it may seem like nothing unfair to the average consumer, the majority of the clothing and things ...

• Word Count: 600
• Approx Pages: 2
• Grade Level: Undergraduate