Economic Globalization Review

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Across
  1. 2. A term used to describe countries with lower levels of industrialization and income
  2. 4. The process of reducing barriers to trade between countries
  3. 8. The transfer of ownership of property or businesses from a government to a privately owned entity
  4. 13. The economist known as the 'father of modern economics' and author of 'The Wealth of Nations'
  5. 14. A mutual reliance between countries for goods, services, and economic stability
  6. 15. A measure of the economic performance of a country, often divided by population to assess the average income
  7. 16. A group of seven major advanced economies that meet to discuss global economic issues
  8. 17. The unrestricted exchange of goods and services between countries
  9. 19. A political and economic union of 27 European countries
  10. 20. An economy based on the production and management of knowledge and information
  11. 22. A trade agreement between Canada, the United States, and Mexico, updated as the Canada-United States-Mexico Agreement
  12. 23. International agreement aimed at reducing carbon emissions and combating climate change
  13. 24. A composite index measuring average achievement in key dimensions of human development
  14. 27. An organization of petroleum-exporting countries that coordinates policies and prices
  15. 28. An international organization founded in 1945 to promote world peace and cooperation
  16. 31. A meeting in 1944 that established the International Monetary Fund and the World Bank
  17. 32. An international organization that provides financial assistance and advice to member countries
  18. 33. An economic system in which the state or government makes all economic decisions
  19. 34. An economic system in which the government controls the production and distribution of goods and services
  20. 36. The business of agricultural production, including farming, seed supply, and marketing
  21. 37. An economist known for his defense of free-market capitalism and criticism of socialism
  22. 38. An economist who advocated for government intervention to stabilize economic fluctuations
Down
  1. 1. The worldwide network to produce and distribute a product
  2. 3. A tax imposed on imported goods and services
  3. 5. A long-term change in the earth's climate, especially due to human activity
  4. 6. Meeting the needs of the present without compromising the ability of future generations to meet their own needs
  5. 7. An economist known for his strong belief in free-market policies and minimal government intervention
  6. 9. A company that operates in multiple countries
  7. 10. The philosopher and economist who co-authored 'The Communist Manifesto' and critiqued capitalism
  8. 11. The construction of ships
  9. 12. The reduction or elimination of government regulations in an industry
  10. 17. An economic system where prices are determined by unrestricted competition between privately owned businesses
  11. 18. An international financial institution that provides loans and grants to the governments of poorer countries
  12. 21. The practice of obtaining goods or services from an external supplier, often from another country
  13. 25. The responsible management and care of resources
  14. 26. The economic policy of restricting imports to protect domestic industries
  15. 29. A period of temporary economic decline during which trade and industrial activity are reduced
  16. 30. The General Agreement on Tariffs and Trade that was replaced by this organization in 1995
  17. 35. An economic system where private individuals and businesses own the means of production and operate for profit