Humanitarian Law Flashcards

1
Q

globalization

A

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

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2
Q

global village

A

all different parts of the world form one community linked together by electronic communication

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3
Q

economy

A

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

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4
Q

trade

A

economic concept of buying and selling goods and services

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5
Q

trade liberalization

A

the removal of laws and guidelines regulating trade and preferential treatment and the free movement of goods and labour

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6
Q

communication

A

act of transferring information from one place to another

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7
Q

TNC or MNC

A

transnational corporation or multinational corporation is any corporation or mega business that is registered or operates in more than one country at a time

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8
Q

Information Communication Technology

A

diverse set of technological tools used to transmit, share, create, or exchange information

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