Globalization

For participating countries, what did NAFTA call for?

• a challenge to U.S. economic leadership
• the development of a single currency
•  removal of environmental controls
•  the gradual removal of trade restrictions

A large company that has operations in more than one country.

• Domestic Corporation
• Multinational Corporation
• Foreign Corporation
• State Corporation

The development of a worldwide economy where  resources flow fairly freely across borders

• Globalization
• Economy
• GDP
• Economic Independence 

This organization is responsible for fair trade across the Globe?

• NAFTA

• WTO

• EU

• NATO

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

international organization whose mission is to coordinate the policies of oil-producing countries

• NATO
• OPEC
• UN
• PLO

the worldwide spread of culture, economics, and technology

• Culturization
• Urbanization
• Globalization
• Environmentalism

This organization regulate DISEASES and assist developing countries health policies.

• WTO

• EU

• WHO

• UN

This is a trade agreement between the United States, Canada and Mexico.

• NATO

• WTO

• NAFTA

• WARSAW PACT