1st Exam Skeleton Notes (Part one)
Week 1 Globalization
• Globalization refers to the fact that the world moves away from self-contained national
economies and becomes an interdependent, integrated global economic system.
• In the United States, nearly 90 percent of firms that export are small businesses employing less
than 100 people, and their share of total U.S. exports has grown steadily over the past decade to
now exceed 20 percent.
• What is the key driving force of globalization?
• What are the consequences/impacts of global production and global markets?
Week 2 PESTLE analysis
• What does PESTLE stand for?
