Globalization Vocabulary

The flow of goods and services across national borders, with little or no government control

• International demand

• Free trade

• International Trade

• World Trade

A tax on goods that cross country borders

• Standard of Living

• Import

• Quota

• Tariff

Multinational

• In many countries

• One place

• Local

• Cultures

___________is a term used to describe a global society in which people, money, information, and goods flow fairly freely across national borders.

• Globalization

• Consumerism

• Economic growth

• Multinational

An official ban on trade or other commercial activity with a particular country.

• Trade ban

• Export

• Embargo

• Import

_______ is a condition in which countries have economic ties and depend on each other for resources, technology, trade, and investments

• International Trade

• Multinational corporations

• Globalization

• Economic Interdependence

What does this image show?

• Urban

• Rural

• The color green

• Open space

What does this image show?

• Rural

• Night life

• Urban

• Open space

A large company that has operations in more than one country.

• International Trade

• Urban

• Multinational Corporation

• Economic Interdependence

Found in or living in a city

• Rural

• Urban