Globalization Flashcards
What is Globalization?
Globalization is the interaction between nations.
What can be exchanged between countries besides trade goods?
Computer programs, advertisements, education, and more.
What is Free Trade?
Free Trade is commerce with very free restrictions.
What is the situation with the borders?
The borders are more open than ever.
What are some companies doing with other countries?
They split up their manufacturing and do it in several countries and/or continents.
International companies ___.
Operate in many countries.
Globalization has lead to migration into Europe from ___.
North Africa.
Globalization is ___.
Completely uncontrolled.
Use of devices like cell phones has lead to modified ___.
Language and grammar.
In the 21st Century, small countries have found they are ___ in their relations with foreign companies.
Weaker.
In the 21st Century, urbanization and industrialization which began in Europe has moved to _____.
Asia.
International business controls widespread operations by using ___.
Communication technology.
International companies separate the ___.
Stages of production.
In international business the home office, the manufacturing site, and the final consumer are often ___.
On different continents.
