Learning objectives
Analyse how international trading links and trade agreements, including free trade areas and the removal or imposition of tariffs and quotas, create opportunities and threats for a business.
Explain how technology such as e-commerce, digital payments and modern logistics has changed international trade.
Evaluate the benefits and costs a multinational company may bring to a host country, such as jobs, investment, skills and tax revenue set against competition for local firms and profits sent abroad.
Explain the relationship between multinationals and governments, including incentives offered to attract investment and the controls a government may impose.
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