7 Questions
Which of the following is a result of globalisation?
Increased number of transnational companies
What are some examples of imports that UK businesses profit from?
Finished goods
What is one disadvantage of globalisation for UK businesses?
Increased competition from overseas
Which of the following is a result of globalisation?
An increase in the movement of employees, goods, and services between countries
What do UK businesses benefit from by buying imports from overseas?
Lower costs of production
What is one advantage of globalisation for UK businesses?
Access to a wider market for selling goods and services
What is one disadvantage of globalisation for UK businesses?
Increased competition from overseas
Test your knowledge on the impact of globalisation on business and imports. Learn about the advantages and disadvantages of a more connected world through trade and transnational companies.
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