ch 35 definitions Flashcards
1
Q
globalisation
A
growing interconnection of the world’s economies.
2
Q
interdependence
A
where the actions of one country or large firm will have a direct effect on others.
3
Q
multinational corporations
A
firms that operate in many different countries
4
Q
saturated
A
market in which there is more of a product for sale than people want to buy.
5
Q
offshoring
A
practice of getting work done in another country in order to save money.
