bruhmoment.
Active Member
- Joined
- Jun 19, 2023
- Messages
- 211
- Gender
- Male
- HSC
- 2024
increase in trade flows - linked it to ricardos principle of comparative advantage, then talked about how basically a reduction in protection levels was beneficial blah blah, said however tho that the adoption of bilateral and multilateral trade agreements is bad as it creates trade diversion rather than trade creation.what did people write for question 27 about international economic integration?
that was body para 1. body para 2 was mostly waffle where i smushed financial flows (increased levels of FDIs) and the rise of TNCs throughout the global eco - linked that to more job opportunities - higher growth - increased living standards - blah blah. then linked that to how it has however created increased income inequality as it has disproportionately benefited advanced and emerging ecos, where FDIs havent really flowed to developing nations and regions such as sub saharan africa - faked an example about benin (HOW TF WOULD THE MARKER KNOW ABOUT THE COUNTRY OF BENIN LMAO)
body para three was meant to be international division of labour/advancements in tech, but i didnt really seem to find enough coming through my brain that would make it a whole para. so i just then shifted the whole para to WTO, saying how their free trade agenda has increased eco integration where their policies regarding removal of protectionist policies such as unilateral reform have proven to be immensly effective in increasing eco integration. linked that again to a disadvantage being the rise of bilateral and multilateral agreements, which are bad.
overall i think i didnt do well tho, cause my stats were shit idk tho