Globalization

To become international or start operating at the international level is called................................

• INDIGENCE

• IMPERIALISM

• GLOBALIZE

• COLONIZE

What is called to give control to a person or a group of people

• ILLITERATE

• EMPOWER

• ENRICH

• ETIQUETTE

The process of international integration from the interchange of views, products, ideas and culture is called..................

• NATIONALIZATION

• GLOBALIZATION

• FEDERALIZATION

• LOCALIZATION

One's personal interest or advantage, especially when pursued without regard for others is called...............

• CAUSATION

• SELF-INTEREST

• COMMON GOOD

• CORRELATION

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

• Globalization

• Economy

• GDP

• Economic Independence

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

• true

• false

The benefit or advantage of an economy to be able to produce a commodity at a lesser opportunity cost than other entities is referred to as................

• Opportunity Cost

• Absolute Advantage

• comparative Advantage

• Growth

The nation's ability to produce general goods more efficiently than another entity is referred to as...................

• Specialization

• Comparative Advantage

• Opportunity Cost

• Absolute Advantage

This is a tax on imports that is used to increase price of foreign products and raise government revenue.

• tariff

• quota

• subsidy

• embargo

Are there pro's and con's or does every run perfectly?

• Only pro's

• Only con's

• Both

• BothGlobalization doesn't exist