Factors contributing to the increase in globalisation?

Globalisation is being promoted through the four traditional links

• the emergence and evolution of TNCs with increasingly diverse business interests spread over an ever widening area

• the growth of regional economic or trading blocs such as EU , NAFTA (north American free trade agreement) APEC ( Asia paciific economic cooperation forum)the encouragement of free trade between memeber countries is a another way of breaking down the economic barrier effects of national boundaries
  
• the development of transport links and networks capable of moving goods, quickly and relatively cheap.
  
• lastly the avances in information communication technologies. these are cruical for decision making mangament and gerenally overcoming the friction of time and distance.