Vocab crossword

2. integration- the process by which the economies of a group of countries are drawn more closely together so that the group as well as the individual countries becomes stronger or more developed
3. the theory or practice of regional rather than central systems of administration or economic, cultural, or political affiliation.
7. country- a country with a relatively low per capita income
9. liberalization- the movement towards the removal of trade barriers among the members of the World Trade Organization (WTO)
12. the process by which countries all over the world are becoming connected or similar because large companies are doing business in many different countries
14. economy- allows for people, goods, services and capital to move around a union as freely as they do within a single country
15. agreement-An agreement among more than two parties or nations setting out conditions under which they would cooperate with each other
16. bloc- made up of many countries, with the same political and economic aims, linked by special trading arrangements among them.
17. market- A group of countries that have few or no restrictions on the movement of goods, money and people between the members of the group

1. country- a relatively poor country with little or no material wellbeing.
4. market - a group of countries that acts as a single market, without trade barriers between member countries.
5. state- A state which has achieved independence
6. policy- is a corporation or enterprise that manages production and delivers services in more than one country
8. corporation-Sometimes called transnational corporation is a corporation or enterprise that manages production and delivers services in more than one country
10. policy-the use of government spending and revenue collection to influence economy
11. agreement- An agreement between two groups, countries or nations
13. country- a country with a relatively high per capita income