Across
- 1. The expansion of____travel allowed for faster and more efficient transportation of goodsand people.
- 4. What is the term for a company that owns or controls production in more than one nation
- 6. To protect domestic producers, a government can use taxes on imports, also known as trade
- 8. organization, started at the initiative of developed countries, aims to liberalize international trade
- 9. In ______, the development of waterways and ports helped to improve the country's economy
- 10. What is the process of rapid integration or interconnection between countries
- 12. establishing a stable international financial system with fixed exchange rate
- 14. The removal of trade barriers by the government
Down
- 2. The growth of air transportation in India also allowed for the expansion of _________ trade
- 3. IN post WWII era, played a crucial role in the movement of goods and people.
- 5. What type of markets become integrated due to foreign trade?
- 7. What is the primary reason why MNCs set up production in other countries
- 11. The money spent on buying assets like land, buildings, and machines
- 13. Due to globalization, consumers now have a greater ______ of goods.
