Vocab- Globalization
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show | The interaction of countries and people while using technology, communication and trade.
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Import | show 🗑
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Export | show 🗑
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Free Enterprise | show 🗑
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show | The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
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Tariff | show 🗑
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Positives of Globalization | show 🗑
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show | Languages and traditions can disappear and job loss in the U.S. as factories move overseas.
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show | Labor costs are much lower.
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One way that you are connected to other countries around the world | show 🗑
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Currency | show 🗑
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Silk road | show 🗑
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show | Products and services such as cars, electronics and clothing.
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show | Export it to other countries.
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show | To protect goods made in their country.
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Agreements among countries to not place limits, tariffs or other restrictions on trade is called....? | show 🗑
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What are some of the ways globalization connects you to countries of the world? | show 🗑
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World Trade Organization (WTO) | show 🗑
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World Bank Group | show 🗑
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show | An agreement signed that lowered trade barriers
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International Monetary Fund (IMF) | show 🗑
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