Week 1 Flashcards

1
Q

shift toward one huge global market

A

globalization

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2
Q

moving away from economic systems

A

globalization of markets

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3
Q

trend by individual firms to disperse parts of their production

A

globalization of production

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4
Q

firm exports goods or services in other country

A

international trade

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5
Q

investment in business operations in a foreign country

A

foreign direct investment

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6
Q

power of microprocessor technology doubles

A

moores law

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7
Q
A
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