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4.3.1 - Globalisation

Syllabus
2017
Topic
4.3.1
Level
A2

a - Economy characteristics

Compare developed, developing and emerging economies.

Use a - economy characteristics to connect the rule to the data and decision in the question.

This matters because a - economy characteristics determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - economy characteristics to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Economy characteristics is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Growing economic power

Explain the growing economic power of countries in Asia, Africa and other regions.

Use b - growing economic power to connect the rule to the data and decision in the question.

This matters because b - growing economic power determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - growing economic power to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Growing economic power is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Growth implications

Analyse implications of economic growth for individuals and businesses, including trade opportunities and employment patterns.

Use c - growth implications to connect the rule to the data and decision in the question.

This matters because c - growth implications determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - growth implications to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Growth implications is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Growth indicators

Use GDP, GDP per capita and HDI as growth indicators.

Use d - growth indicators to connect the rule to the data and decision in the question.

This matters because d - growth indicators determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - growth indicators to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Growth indicators is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Exports and imports

Explain exports and imports.

Use a - exports and imports to connect the rule to the data and decision in the question.

This matters because a - exports and imports determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - exports and imports to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Exports and imports is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Specialisation

Analyse implications of increasing specialisation by countries and businesses.

Use b - specialisation to connect the rule to the data and decision in the question.

This matters because b - specialisation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - specialisation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Specialisation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Foreign direct investment

Explain foreign direct investment and its link to business growth.

Use c - foreign direct investment to connect the rule to the data and decision in the question.

This matters because c - foreign direct investment determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - foreign direct investment to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Foreign direct investment is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Trade liberalisation and WTO

Explain trade liberalisation, reduced trade barriers and the role of the WTO.

Use a - trade liberalisation and wto to connect the rule to the data and decision in the question.

This matters because a - trade liberalisation and wto determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - trade liberalisation and wto to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Trade liberalisation and WTO is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Political change

Explain political change as a contributor to globalisation.

Use b - political change to connect the rule to the data and decision in the question.

This matters because b - political change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - political change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Political change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Transport and communication costs

Explain reduced transport and communication costs as contributors to globalisation.

Use c - transport and communication costs to connect the rule to the data and decision in the question.

This matters because c - transport and communication costs determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - transport and communication costs to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Transport and communication costs is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Multinational corporations

Explain the increased significance of global multinational corporations.

Use d - multinational corporations to connect the rule to the data and decision in the question.

This matters because d - multinational corporations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - multinational corporations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Multinational corporations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

e - Investment flows

Explain increased FDI flows as a contributor to globalisation.

Use e - investment flows to connect the rule to the data and decision in the question.

This matters because e - investment flows determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply e - investment flows to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: e - Investment flows is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

f - Migration

Explain migration within and between economies as a contributor to globalisation.

Use f - migration to connect the rule to the data and decision in the question.

This matters because f - migration determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply f - migration to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: f - Migration is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

g - Global labour force

Explain growth of the global labour force.

Use g - global labour force to connect the rule to the data and decision in the question.

This matters because g - global labour force determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply g - global labour force to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: g - Global labour force is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

h - Structural change

Explain structural change as a contributor to globalisation.

Use h - structural change to connect the rule to the data and decision in the question.

This matters because h - structural change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply h - structural change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: h - Structural change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

i - Business impact of globalisation

Analyse the impact of increased globalisation on businesses.

Use i - business impact of globalisation to connect the rule to the data and decision in the question.

This matters because i - business impact of globalisation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply i - business impact of globalisation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: i - Business impact of globalisation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Reasons for protectionism

Explain reasons for protectionism.

Use a - reasons for protectionism to connect the rule to the data and decision in the question.

This matters because a - reasons for protectionism determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - reasons for protectionism to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Reasons for protectionism is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Tariffs

Explain tariffs as a protectionist measure.

Use b - tariffs to connect the rule to the data and decision in the question.

This matters because b - tariffs determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - tariffs to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Tariffs is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Import quotas

Explain import quotas as a protectionist measure.

Use c - import quotas to connect the rule to the data and decision in the question.

This matters because c - import quotas determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - import quotas to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Import quotas is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Other trade barriers

Explain government legislation and domestic subsidies as trade barriers.

Use d - other trade barriers to connect the rule to the data and decision in the question.

This matters because d - other trade barriers determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - other trade barriers to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Other trade barriers is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

e - Protectionism and business

Analyse the impact of protectionism on businesses.

Use e - protectionism and business to connect the rule to the data and decision in the question.

This matters because e - protectionism and business determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply e - protectionism and business to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: e - Protectionism and business is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Trading bloc expansion

Explain expansion of trading blocs, including the EU single market, ASEAN and NAFTA.

Use a - trading bloc expansion to connect the rule to the data and decision in the question.

This matters because a - trading bloc expansion determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - trading bloc expansion to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Trading bloc expansion is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Trading blocs and business

Analyse the impact of trading blocs on businesses.

Use b - trading blocs and business to connect the rule to the data and decision in the question.

This matters because b - trading blocs and business determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - trading blocs and business to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Trading blocs and business is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Objective notes

23 learning objectives
ConceptA-Level Edexcel Business A2