derugulation of financial markets?? (drivers of globalisation) (1 Viewer)

[sal17]

can some1 pls explain this.. also this dot point

• interaction between global business and australian domestic business

thanks

 

[crazyymonkey]

deregulation is the removal of government regulations from an industry with the aim of increasing efficiency and improving competition.

thats basically what that driver means.

i dont understand what you mean by explain the dot point.

if you search your text book it should be able to explain this, i think its only a few paragraphs but still.

 

[dtmur]

that dot point is saying that like
-global business provide compeititon to our domestic business'
-can provide resources
- global busines' also provide access to more than 5 billion consumers