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Important global links are also maintained with nations belonging to ASEAN, members of the European Union, the Republic of Korea, New Zealand and Papua New Guinea. The result of globilisations ability to break down trade barriers is evident in the long-standing and highly successful Free Trade Agreement with New Zealand (the ANZCER announced in 1983) and the Free Trade Agreements with Singapore, the United States and Thailand all which have been successfully formed within the past two years...
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Globilisation incurs the greater mobility of commodities, money, information and people. This is because of the great advancements in information technology and the existence of transnational corporations such as Nike and Ford. Globally barriers are broken down, stronger bonds are able to be formed and theoretically resources and services are able to be spread evenly...
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