EMS- Global Economy Flashcards

1
Q

Global economy

A

Refers to all the economies of the world, and the expansion of products between these countries.

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2
Q

Includes

A

Globalization of production, markets, finance, communications, and labour forces.

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3
Q

Allows

A

Trade to happen across boarders

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4
Q

1944 meeting of

A

Delegates from 44 nations, laid the foundation for the modern global economy

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5
Q

IMF

A

International Monetary Fund

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6
Q

WTO

A

World Trade Organization

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7
Q

Global economy has

A

Allowed consumers access to an expanding range of goods and made it possible for investors to seek opportunities around the world

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