GLOBALIZATION

2. It provides loans to countries to maintain the value of their currencies and pay off their external debts.
4. A global market makes more ___ (OARFDLFEAB) products and services.
7. __ countries often benefit more than developing countries in globalization
8. it increased economic interaction and cooperation across country borders due to advancements in economic interaction and cooperation.
10. Globalization gives more advantage to companies that have resources and ___ to operate their supply chains.
12. Globalization allows businesses to increase jobs in developing countries, however, some capitalists take chance to __ cheaper labor markets.
13. International organizations were created through these
14. The WTO was formed as a result of this.
15. Globalization provides many economic ___ (such as jobs and technologies) to countries with fewer resources.
17. Globalization makes countries ___, meaning they rely on one another for certain goods and services.
19. It was established to help developing countries sacked by the Second World War.
20. an example of a trade barrier

1. globalization sometimes result in __ of jobs where production is transferred from high-cost countries to lower-cost ones
3. globalization dates back to __ times
5. the opposite of globalization
6. McDonald, Star Bucks and Jollibee are an example of ____ corporations
9. a trade route that connected Asia, Africa and Europe paving the way for ancient globalization in the ancient times.
11. One of the tasks of WTO is to monitor national trade policies to help promote __ in the world
16. It is tasked to develop trade agreements between countries.
18. This is one of the free-trade agreements signed by its international members