Globilisation Flashcards
1
Q
Globilisation
A
Globilisation is the trend for markets to become worldwide in scope.
2
Q
Multinational company (MNC)
A
Multinational company (MNC) produces goods and services in more than one country. They are also called transnational corporations. (TNCs).
3
Q
International trade
A
International trade is the selling of goods and services across national borders.
4
Q
Exports
A
Exports are goods and services produced by a business in one country and sold in another.
