Globalization

3. Globalization is _______ because it can have many meanings and be used in many ways.
4. What is the main source of fuel?
8. Globalization is the most slippery, dangerous and important ________ of the late 20th century.
9. It is the result when the low supply we are forced to import the needed products which in turn would result to higher price.
11. Whoever holds the _______ power holds the political power as well.
15. Air transportation flourished including the use of telephone and what?
16. Globalization is ____________ because too often it is used as a powerful and simplistic justification for the endless expansion of unregulated capitalist relations into every part of life in every corner of the globe.
18. It was originally called as International Bank for Reconstruction and Development (IBRD).
19. The result in both countries as the labor in the rich countries denied work at the same time.
20. Local investors lose a lot because they need to pay higher ___ to the government.

1. It is an organization that started on October 24, 1945. Before they only have 51 members but now it has 193 members.
2. This is where the tobacco that was harvested by the Filipinos were sent and sold.
5. The book of John Wiseman was entitled “Australia and the ________ of Globalization.”
6. It is a benefit of economic integration where multinational corporation bring to our country not only material goods but their culture as well.
7. They said, the rich countries still become richer while the poor ones anguish in _______ because of the lack of economic protection of the poor countries.
10. According to him, Globalization is the most slippery, dangerous, and important buzzword of the late 20th century.
12. It is formerly known as General Agreement on Tariff and Trade (GATT).
13. It is the free and comprehensive interaction of countries in the world in the areas of politics, economic, society, technology, and culture.
14. According to him, Globalization can be defined as the intensification of worldwide social-relation which link the distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa.
17. The developed markets and places to bring the products of Spain, Portugal, England, and Holland by means of __________.