GLOBALIZATION Flashcards
1
Q
growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.
A
Globalization
2
Q
gained popularity after the cold war in the early 1990s, as these cooperative arrangements shaped modern everyday life.
A
Globalization
3
Q
The process by which ideas, knowledge
= information, goods, and services spread around the world
A
Globalization
4
Q
describe integrated economies marked by free trade, the free flow of capital among countries, and easy access to foreign resources, including labor markets to maximize returns and benefit for the common good
A
Globalization
