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Learning objective

Understand the concept of globalisation.

Read the explanation, check the common trap, then practise with flashcards and questions.

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Exam focus

  • Read the explanation.
  • Check key terms.
  • Practise with linked questions.
Cambridge IGCSE EconomicsInternational trade and globalisation

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Quick explanation

Understand the concept of globalisation

  • This point belongs to Globalisation, free trade and protection, especially Globalisation, free trade and protection outcomes.
  • You need to be able to understand the concept of globalisation.
  • The key ideas to know are Define and Explain.
  • Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.

Key concepts

DefineExplain

Why it matters

This objective helps connect Globalisation, free trade and protection outcomes to exam-style questions, flashcards, and revision notes for Globalisation, free trade and protection.

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Paper 2 structured question: Globalisation, free trade and protection

Paper 2Structured Questions1 marks

Description

Globalisation and Local Economies

Globalisation has led to increased trade and investment in many countries, affecting local businesses and economies.

  1. a

    State one effect of globalisation on local economies.

    Aim for approximately 1 distinct marking point.

    [1]
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Cambridge IGCSEEconomics resources