Practice question · Put in order
Order the second globalisation's milestones.
- COVID-19 exposes supply-chain risks (2020)
- China opens its economy (1978)
- Container shipping scales (1960s-80s)
- WTO founded, replacing GATT (1995)
- China joins the WTO (2001)
Hints
- The physical enabler came before the largest labour supply joined.
- The shock that questioned the model came last.
Show the answer
- Container shipping scales (1960s-80s)
- China opens its economy (1978)
- WTO founded, replacing GATT (1995)
- China joins the WTO (2001)
- COVID-19 exposes supply-chain risks (2020)
Why
Containers, China's opening, institutional deepening, full integration, and then the shock that questioned it all.
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