Exam-style question
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Explain how financial drivers contribute to globalisation.
Model answer
What a good answer should say
- Financial drivers, such as the liberalisation of capital markets and the rise of multinational corporations, facilitate the flow of investment across borders, leading to increased economic interdependence and global trade.
Explanation
Why this works
The liberalisation of financial markets allows for easier cross-border investments, which enhances economic ties between countries and promotes globalisation.
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