Globalization

What is globalization?

• The worldwide coming together of nations and countries

• The process of immigrating to a new country

• Creating local market to support small business owners

• It is the increase in nationalism and isonlationism

How do globalization and climate change relate to one another?

• Increased pollution in the air from travel, shipping, and more adds to the effects of greenhouse gasses

• Decreased pollution helps to minimize the effects of greenhouse gasses

• The use of renewable energy since globalization began has made globalization carbon neutral

• They do not relate to one another

Increasing interdependence of nations and peoples across the globe.

• Infrastructure

• Globalization

• Specialization

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

• Free Trade

• Trade

• Goods

• Supply and Demand

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

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

• Domestic Corporation
• Multinational Corporation
• Foreign Corporation

WE do not live in a global market?

• True
• False

This group settles trade disputes among member nations

• OPEC

• WTO

• United Nations

This group promotes free trade

• OPEC

• WTO

• United Nations

Globalization has increased due to

• raised trade barriers

• new trade organizations

• increased communication

• resource depletion