Globalization

The increased flow of trade, people, technology, culture and ideas among countries.

• Colonization

• International trade

• Globalization

• Decolonization

Increased trade gives people more...

• debt

• goods

• services

• barriers

_____ leads to low-paying jobs in developing nations?

Globalization increases the spread of _____ culture

• Southern

• Eastern

• Western

• Northern

Globalization increases the replenishment of natural resources

• True

• False

This group settles trade disputes among member nations

• OPEC

• WTO

• United Nations

Multinational corporations operate in ___ countries in order to sell throughout the world.

• one

• two

• many

When ideas/products spread from one culture to another

This group promotes free trade

• OPEC

• WTO

• United Nations

Globalization is most associated with domestic trade

• true

• false