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Topic: Business
Number of pages / Number of words: 12 / 3333
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It was either extremely expensive or not allowed for these to move about. But since deregulation, freer movement of factors of production exists.

In terms of money capital, in the past there was the issue of exchange control, whereby there was a maximum on the amount of currency you could carry. This has been deregulated, and this along with the decrease in bureaucracy and removal of ‘red tape’ has enabled foreign investment to occur, spurring on globalisation...


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This has been deregulated, and this along with the decrease in bureaucracy and removal of ‘red tape’ has enabled foreign investment to occur, spurring on globalisation.

This freer movement of factors of production, which includes capital and labour mobility, has led to globalisation as different countries’ resources has become open to the world market...


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