Duplicate of Social 10-1 Unit #2: Economic Globalization

created in 1995 from GATT, with countries agreeing to lower tariffs and monitors global trade

two events that have greatly shaped economic globalization as it is today

an int'l organization that helps with the $ of infrastructure growth in developing countries

Trade which emphasizes worker-owned small businesses, competitive wages, unions, safety, etc

agreement after WW2 which lays foundation for institutions of modern economic globalization

a special tax added to imported goods to raise the price; done to protect local factories/jobs

an international organization that provides short-term, emergency loans to countries

purchase of buildings, equipment, resources, etc in one country by those in another country

an economic system in favour of free trade, competition and choice as means to prosperity

An attempted agreement to promote global sustainability

What factors contribute most to expanding economic globalization?

Sustainability when defined simply is:

business/individuals who use research, education, info technologies; well educated, high paid

Selling a public/gov't owned service

reducing costs by using suppliers of products, parts and services in less developed countries

A transnational corporation is one that

countries reducing trade barriers such as tariffs and subsidies