Humanitarian Law Flashcards
globalization
the process of economies and cultures of different countries coming together on a worldwide scale through advances in technology, communication, commerce, transport and trade liberalization
global village
all different parts of the world form one community linked together by electronic communication
economy
a system of producing, distributing and consuming wealth or the system of trade and industry by which the wealth of a country is made and used
trade
economic concept of buying and selling goods and services
trade liberalization
the removal of laws and guidelines regulating trade and preferential treatment and the free movement of goods and labour
communication
act of transferring information from one place to another
TNC or MNC
transnational corporation or multinational corporation is any corporation or mega business that is registered or operates in more than one country at a time
Information Communication Technology
diverse set of technological tools used to transmit, share, create, or exchange information