Globalization

2. A specialized agency of the United Nations that makes loans to countries for economic development, trade promotion, and debt consolidation. Its formal name is the International Bank for Reconstruction and Development.
4. An organization that manufactures and markets products in many different countries and has multinational stock ownership and multinational management
9. Government actions and policies that restrict or restrain international trade, often done with the intent of protecting local businesses and jobs from foreign competition.
10. Actions or processes that involve the entire world and result in making something worldwide in scope.
11. employees working very long hours for very low wages
12. Providing capital for a company through the issuance of various securities

1. The large-scale filter-down of economic activity from developed countries to NICs and developing countries.
2. The World Trade Organization - an international body that enforces agreements that reduce barriers to international trade
3. An economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
5. A company that conducts research, operates factories, and sells products in many countries, not just where its headquarters or shareholders are located.
6. International Monetary Fund. A United Nations agency to promote trade by increasing the exchange stability of the major currencies
7. A broad term which can cover any challenge to capitalism as the best or only way to organiee the world.
8. Income difference between rich and poor