Global Governance - Key Terms Flashcards
1
Q
Globalisation
A
A process of opening up world trade and marketed to TNCs, an increasingly interconnected world, and the associated effects of this on people, people, culture, political systems, environment and quality of life.
2
Q
Colonialism
A
The policy or practice of a power in extending control over weaker nations or peoples.
3
Q
Transnational Corporations (TNCs)
A
Corporations or companies that operate in at least two countries.
4
Q
World Trade Organisation (WTO)
A
A global organisation that deals with the rules of trade between nations.
