Globalization-Chapter 1

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Across
  1. 2. / The gap between rich nations and poor nations is __________.
  2. 3. / _________ countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
  3. 5. / Supporters believe that increased trade and cross-border investment means increased ________ opportunities.
  4. 7. / The share of world output accounted for by developing nations is _________.
  5. 9. / The_________ rules apply to trade in goods.
  6. 10. / Technological change which helps global markets process information and creates an electronic market for firms and customers is a ________ for globalization.
  7. 11. / The world is moving away from self-contained national economies toward an interdependent, integrated global economic system.
  8. 12. / GATT is an example of a global ________.
  9. 14. / Critics argue that firms avoid the _________ of adhering to labor and environmental regulations by moving production to countries where such regulations do not exist.
  10. 16. loss / Critics worry that globalization will cause __________.(2 words)
  11. 17. Nations / The _________ is best known for peacekeeping, peacebuilding, conflict prevention and humanitarian assistance.(2 words)
  12. 18. markets / Falling trade barriers make it easy for_______ to form.(2 words)
Down
  1. 1. trade / is the exchange of capital, goods, and services across international borders or territories.(2 words)
  2. 4. / A _________ is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
  3. 6. enterprise / Walmart is a corporation that has its productive operations in 28 countries but centralizes its global management in America. Walmart is an example of a _________.(2 words)
  4. 8. / International transactions involve converting money into different__________.
  5. 11. / __________ aims to discuss policy pertaining to the promotion of international financial stability
  6. 13. / The _________ covers not just goods, but also trade in services and trade-related aspects of intellectual property rights.
  7. 15. order / China is moving from a communist country to democracy and free market economies for better opportunities and because of changing _________ due to global demographics, FDI in China increased from less than $2 billion to $100 billion annually. (2 words)