Globalization

1. The exchange of goods and services between countries.
4. The general increase in prices and decrease in money’s value over time.
6. Government financial support to help local businesses compete.
8. A restriction or penalty placed on a country for political or economic reasons.
9. – A tax placed on imported goods.
10. – Goods or services sold to another country.
11. – Goods or services brought into a country for sale.
13. Organization that sets and enforces international trade rules (abbreviation for World Trade Organization).
14. The type of money used within or between countries.

2. The system by which a nation’s money and resources are managed.
3. The process by which the world becomes more interconnected through trade and communication.
5. – A limit on how much of a product can be imported.
7. A place or system for buying and selling goods or services.
10. The act of converting one nation’s money for another’s.
12. The practice of hiring companies in other countries to perform business tasks.