4. Understanding the Positive Effects on
Economy
Free Trade
• Exchange
goods and
resources
• Increased
Exports and
import
5. Free Movement of Labour
• advantages to both
workers and
recipient countries.
Ex. If a country
experiences high
unemployment, there
are increased
opportunities to look
for work elsewhere.
This process of labour
migration also helps
reduce geographical
inequality
8. Impacts
Free Trade Can Harm Developing
Economy
Developing countries are hard to
compete with developed countries
Developing countries are often
harmed by tariff protection
9. Labour Drain
Some
countries find it
difficult to hold
onto their best
skilled
workers, who
are attracted
by higher
wages
elsewhere
11. Positive Impacts on Culture
Cultural
Diffusion
happens
when the
cultural
beliefs and
social
activities are
spread
through
different
ethnicities,
religions,
14. Less Cultural Diversity
When the
local cultures
are lost, the
world culture
will replace.
Then it will
become one.
15. Positive Effects on Education
Local school
will upgrade
their
curriculum to
a standard
one
Using
technology in
educational
sector
International
Schools will
16. Negative Impacts
Local schools are hard to
compete
Some learners having difficulties
with languages and technology
used in school systems