
Vocabulary Quiz on Globalization
Quiz by Asia Rowe
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Economic goods are processed and/or given a brand name, such as a product of agriculture.
Bring (goods or services) into a country from abroad for sale.
A poor agricultural country that is seeking to become more advanced economically and socially.
The ratio at which a country can trade its exports for imports from other countries.
A measure of the value of all the goods and services newly produced in a country during some period of time, adjusted for changes in prices over time.
A measurement of the total goods and services produced within a country.
The process by which businesses or other organizations develop international influence or start operating on an international scale.
To carry out of the country.
Allows open trade between the US, Mexico, and Canada.
The world's largest common market, composed of 28 European nations.
The action or process of allocating or distributing something.
For each person; in relation to people taken individually.
Countries with relatively high levels of industrialization and income.
A pending agreement that has been negotiated between the United States, five Central American countries and possibly the Dominican Republic.
All natural, human, and manufactured resources that go into the production of goods and services.
Control of money, or means to make money.
The ability to produce a good at a lower opportunity cost than another producer.
A non-profit organization with operations in several countries.
An international bank that offers low-interest loans, advice, and information to developing nations.
Occurs when you are thinking about a problem and is characterized by the restructuring of information in your mind.
Part of the UN makes loans to countries to finance development.