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helppppppppppppppp (1 Viewer)

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hey peeps need this questions answered asap plz

Explain how Australia has contributed to the process of globalisation (6 marks).

thanks x
 

Frostguard

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Solid getting PTSD since that was in years hsc Eco exam imao
When I saw this question I just defined globalisation and then referenced the indicators of globalisation that is- International trade of goods and services, financial flows, investment and TNCS, technology and ICT and migration of labour. For 6 marks you should probably use 3 of these indicators, explain what they are but most importantly how the Australian economy has actually demonstrated these indicators eg trade of commodities to rapidly industrialising economies like china or India or like increased technology (chuck in some technology or form of communication that has actually resulted from Australia's production). But yeah 3 of these indicators or even 2 (with good explanation and/or statistics) is how I went in the exam
 

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