Unit 2 Review-North America/Globalization

This is the total value of the products and services sold in a country for one year?

• Gross Domestic Product Per Capita

• Gross Domestic Product (GDP)

• Globalization

• Unemployment Rate

A tax on goods that cross country borders

• Tariff

• Import

• Export

• Free Trade Agreement

It divides the country's gross domestic product by its total population.

• GDP

• GDP Per Capita

• Free Trade Agreement

• Unemployment Rate

The development of a global, or worldwide, society in which people, money, information, and goods flow fairly freely across national borders. A more interconnected world.

• Free Trade Agreement

• Climate

• Tariff

• Globalization

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

• Globalization

• Economy

• GDP

• Economic Independence

What are some negatives of globalization?

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• All of the answers are correct

What are some positives of globalization?

• Cheap sneakers and clothes

• Cheap electronics

• Information is easy to access and it travels quickly (internet and social media)

• All of the answers are correct

The number of people in a given land area

• population density

• IMF

• immigration

• emmigration

three-country trade agreement negotiated by the governments of Canada, Mexico, and the United States

• The UN

• NAFTA

• NATO

• IMF

A luxury SUV is made here in SC with the parts coming from China, Germany, and Mexico. The vehicle is sold in the United States, Europe, and Asia. Which concept best applies to this situation?

• Globalization

• Tariff

• Production

• GDP