Globalisation

2. a term that is sometimes used to describe a country
3. a factory unit where the products of transnational corporation are produced
5. the movement of goods and services from one country to another
6. the movement of goods and services between countries
10. a measure of the total value of all the goods and services produced in a country over a year, also referred to as Gross National Income (GNI)
11. a large company that has a head office in one country and subsidiary offices in other countries
14. a foreign office or factory of a transnational corporation, usually located in a country outside the country where the company’s head office is located

1. a process caused by advances in technology, which involves the web of interrelationships that have formed between countries, companies, people, resources, cultures and money
4. a trade restriction on the amount of a good that can be imported into a country
6. a good or service received by one country from another
7. a good or service sent from one country to another
8. a tax put on an imported good by the government of the country that the good is imported into
9. a poor country of the world where many people have a low standard of living
12. the values and customs of a particular country as expressed in the music, food, interests, dress, language, religion and sports of that country developed a rich country of the world where most people enjoy a high standard of living
13. a payment to a producer of a good by the government to assist the producer in making their product