global trade

3. refers to the separation of tasks in a production process
6. It measures a countries level of human development among three dimensions, life expectancy, education, and standard of living
9. factor 1 is climate and natural rsoruces,The scond factor is endowment which is equivalent to land,The third factor is technology
11. Businesses focusing on creating one particular product
13. The world's wealthiest countries with an advanced industrial economu and arelectavely high annual oer capital
14. When a producer can provide a good in greater quantity or at a lower cost than competitors

1. It measures the country's global outlook in economics, society, and politics, and ranks 207 countries bse on these three dimnesions of globalization
2. Smaller group of world's poorest nations that has barely began to modernize their economy, Poverty is widespread and often severe
4. Ability to produce a good at a lower opportunity cost than competitors
5. Majority of the nations are developing countries who ar ein the process of modernizig its economy. They have less access to goods, and services that the average perso in a developed country
7. Embargos may bring about policy changes in the targeted country
8. A tax of imported goods designed to protect domestic producers from foreign competition
10. Products that are made in another county and sold domestically
12. Products made domestically and sold in another country