Globalization

Globalization brings our world together?

• True
• False

How does it bring our world together?  Through.... 

• communication
• technology
• products & services
• all of these

WE do not live in a global market?

• True
• False

Define import.

• To bring “merchandise” from a foreign or external source- into a place or country from another country.
• To buy/sell something: exchange something for something else.
• To carry or send- as a commodity- to some other place, such as another country.

Define trade.

• To carry or send- as a commodity- to some other place, such as another country.
• To buy/sell something: exchange something for something else.
• To bring “merchandise” from a foreign or external source- into a place or country from another country.

Define trade.

• To bring “merchandise” from a foreign or external source- into a place or country from another country.
• To buy/sell something: exchange something for something else.
• To carry or send- as a commodity- to some other place, such as another country.

Fill in the blank.  Globalization is the result of several factors. Advances in communication & transportation have played a big part.  Another major factor is the movement toward “___________.”

• free trade
• distribution
• multinational corporation
• imports

Investment by a person or company based in another country is called _____________ .

• Distribution 
• economic interdependency
• Foreign investment
• imports

Globalization has brought economic growth to many developing countries.  This has meant jobs for millions of people.  It has also increased “_________ ___________” among countries.

• imports & exports
• multinational corporations
• economic interdependence

Mc Donald's  is an example of a multinational corporation.

• true
• false