Globalization

The international exchange of goods and services without taxes or other fees and little government control

• International demand

• Free trade

• International Trade

• World Trade

A tax on goods that cross country borders

• Standard of Living

• Import

• Quota

• Tariff

___________is a term used to describe a global society in which people, money, information, and goods flow fairly freely across national borders.

• Globalization

• Consumerism

• Economic growth

• Multinational

_______ is a condition in which countries have economic ties and depend on each other for resources, technology, trade, and investments

• International Trade

• Multinational corporations

• Globalization

• Economic Interdependence

The exchange of capital, goods, and services across international borders or territories.

• Multinational corporations

• Urban

• Distribution

• International Trade

having to do with sales that support farmers in developing countries and promote sustainable farming practices.

• Free Trade

• Fair Trade

• Interdependence

• Export

Import means

• buying goods from another country
• selling goods to another country
• only making one kind of product

Export means

• buying goods from another country
• selling goods to another country
• only making one kind of product

Exchanging one good or service for something else is called

• produce

• trade

• import

• export

Crops that are sold as exports to other countries in order to make money

• cash crop

• food

• subsistence crops

• farming