Unit 6

3. Manufacturing in a foreign country under a special program, often near the border.
5. The ability to purchase goods and services based on relative costs between countries. (Abbreviation)
8. A company that operates in several countries.
10. The increase in the proportion of people living in urban areas.
11. A country with a lower level of industrialization and income per capita.
14. The economic ties that continue to bind former colonies to their colonizers.
17. A country with a high level of industrialization, infrastructure, and income per capita.
21. The location of a place relative to other places.
25. An economic activity that involves the processing and manufacturing of raw materials.

1. ECONOMIC ZONES Areas in China with special regulations to attract foreign investment.
2. An industry that can be located anywhere; transportation costs are not a major factor.
4. The relocation of business processes to a third-party provider, often overseas.
6. An economic system where the focus shifts from manufacturing to services and information.
7. SETTLEMENT Informal settlements lacking basic services, often on the outskirts of cities.
9. An organization of countries that produce and export petroleum. (Abbreviation)
12. TRADE Trade that is against the law.
13. The value of goods and services produced by a country's residents, regardless of location.
15. CONSUMPTION The consumption of power resources.
16. A measure of development based on factors like life expectancy, education, and income. (Abbreviation)
18. The physical characteristics of a place.
19. Activities that involve the extraction of raw materials from the earth.
20. A commercial center where goods are received and transshipped.
22. CAPITA GDP The average GDP per person in a country.
23. TIGERS Newly industrialized economies of East Asia (South Korea, Taiwan, Singapore, Hong Kong).
24. The total value of goods and services produced by a country in a year.