Globalization-Chapter 1
Across
- 3. share of world output accounted for by developing nations is _________.
- 5. the exchange of capital, goods, and services across international borders or territories.(2 words)
- 9. change which helps global markets process information and creates an electronic market for firms and customers is a ________ for globalization.
- 10. argue that firms avoid the _________ of adhering to labor and environmental regulations by moving production to countries where such regulations do not exist.
- 11. gap between rich nations and poor nations is __________.
- 12. is an example of a global ________.
- 15. _________ is best known for peacekeeping, peacebuilding, conflict prevention and humanitarian assistance.(2 words)
- 17. transactions involve converting money into different__________.
- 18. is an international financial institution that provides loans to countries of the world for capital program.(2 words)
- 20. aims to discuss policy pertaining to the promotion of international financial stability
Down
- 1. world is moving away from self-contained national economies toward an interdependent, integrated global economic system.
- 2. is a corporation that has its productive operations in 28 countries but centralizes its global management in America. Walmart is an example of a _________.(2 words)
- 4. _________ covers not just goods, but also trade in services and trade-related aspects of intellectual property rights.
- 6. believe that increased trade and cross-border investment means increased ________ opportunities.
- 7. trade barriers make it easy for_______ to form.(2 words)
- 8. worry that globalization will cause __________.(2 words)
- 13. rules apply to trade in goods.
- 14. is moving from a communist country to democracy and free market economies for better opportunities and because of changing _________ due to global demographics, FDI in China increased from less than $2 billion to $100 billion annually. (2 words)
- 16. countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
- 19. _________ is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.