Globalization

to send a good out of the country

• import

• export

• tariff

• trade

to bring a good into the country

• import

• export

• tariff

• trade

a cost added to the price of a good brought into the country

• import

• export

• tariff

• trade

involves the transfer of goods and services from one person or entity to another, often in exchange for money.

• import

• export

• tariff

• trade

the system of industry and trade around the world that has developed as the result of globalization

• global economy

• free trade

• foreign exchange

• not given

a policy that does not restrict imports or exports

• global economy

• free trade

• foreign exchange

• not given

the conversion of one country's currency into another

• global economy

• free trade

• foreign exchange

• not given

An example of a multinational corporation

• Capital Coney in Flint, MI

• Carman Ainsworth High School

• General Motors

• not given

an example of a Non-Governmental Organization

• USA

• State of Michigan

• The Red Cross

• not given

Globalization...

• has only brought goodness

• has only brought sadness

• has good and bad outcomes

• never happened