Across
- 2. formerly known as General Agreement on Tariff and Trade (GATT)– an organization that regulates and facilitates international trade between nations. Founded in January 1, 1995.Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
- 6. The gathered and abstain natural resources and products of these countries. The developed markets and places to bring their products by means of conquering.When the Spaniards colonized the Philippines, the tobacco harvested by the Filipinos were sent to Mexico and sold there.
- 8. deeply engraved in every Filipino as a result of country’s colonization. Filipinos penchant for things foreign are reflected in their preference in cloths. foods, music, movies and others.
- 9. United Nation was started on October 24, 1945. Before they only have 51 members but now it has 193 members.UN was organized to help all countries about their territorial disputes in other countries which created different diplomatic agreements, embassy or consulate in other countries.
- 11. can be gained in trading products, services and capitals with the other countries because the number of products one can choose from the market increases significantly.
- 14. One of the goals of of European was to bring and spread __________ in the placed they colonized.
- 16. it was founded after world war in 1944. The International Bank for Reconstruction and Development, originally , its loans helped rebuild countries devastated by World War soon it became World Bank which promotes long – term economic development and poverty reduction by providing technical and financial support to help countries.
- 19. has a big effect on a country’s politics because whoever holds the economic power holds the political power as well. Meaning these two entities are inseparable.
- 20. a term used to describe how trade and technology have made the world into a more connected and interdependent place. It also captures in its scope the economic and social changes that have come about as a result.
- 22. Multinational corporation bring to our country not only material goods but their culture as well.
- 24. happened in a number of places in the world during the last of 18th century up to the early part of the 19th century.
- 25. Transnational Corporations or Multinational companies lead globalization. They formed different institutions and organization like Wold Bank, International Monetary Fund, GATT – WTO to control the economy of the world.
Down
- 1. Due to globalization activities and beliefs in other countries or parts of the world influenced the activities and beliefs of people in other countries.
- 3. Information technology has paved the way to cultural globalization. Nowadays, information spread faster and more easily through the internet and cyberspace technology.
- 4. Globalization also augurs the_________ of the General Agreement on Tariffs and Trade and World Trade Organization
- 5. refers to the advocacy system or theory of protecting domestic producers by impeding or limiting as by tariffs or quotas, the importation of foreign goods and services.
- 7. _______such as CNN, BBC and Al Jazeera and many others deliver world news as they happened in real-time.
- 10. has paved the way to cultural globalization. Nowadays, information spread faster and more easily through the internet and cyberspace technology.
- 12. an organization working to faster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reduce poverty around the world.
- 13. Because of the capital being brought to the country by the large foreign investors, a number of Filipinos became employed, being employed.
- 15. Due to improvements of transportation like boats became ships much larger more faster, caravan change into bike, motorcycles, cars, buses and airplanes.
- 17. They said, the_______still become richer while the poor ones anguish in poverty because of the lack of economic protection of the poor countries.
- 18. Cooperation Two countries trading products, services and capitals between them eventually form cooperation of a political nature.
- 21. The World Trade Organization has 164 members. Aim of the Organization is to liberalise international trade and it helps to remove trade barriers and create a free environment for foreign trade.
- 23. was started on October 24, 1945. Before they only have 51 members but now it has 193 members.UN was organized to help all countries about their territorial disputes in other countries which created different diplomatic agreements, embassy or consulate in other countries.