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Term | Definition |
---|---|
abroad | in a foreign country. |
border | natural or artificial line separating two pieces of land. |
export | good or service traded to another area. |
free trade | international exchange of goods and services without taxes or other fees. |
globalization | connection of different parts of the world resulting in the expansion of international cultural, economic, and political activities. |
import | good traded from another area. |
migrant | person who regularly moves from place to place, usually in search of work. |
popular culture | goods, services, ideas, and patterns of their use in a population. |
port | place on a body of water where ships can tie up or dock and load and unload cargo. |
raw material | matter that needs to be processed into a product to use or sell. |
standard of living | amount of goods and services a person in a specific community or geographic area is able to afford. |
tariff | tax imposed on imports or exports. |
trade | buying, selling, or exchanging of goods and services. |