GLOBALIZATION 2025

the trend toward a world that is more interconnected by technology, trade, and travel (a)  

• multinational corporation
• globalization
• interdependent
• outsourcing

a condition by which different things rely on each other for support (a)  

• multinational corporation
• globalization
• interdependent
• outsourcing

using foreign resources instead of domestic resources (a)  

• multinational corporation
• globalization
• interdependent
• outsourcing

The exchange of goods and services by sale or barter driven by the need for resources. (a)  

• Fair Trade
• Globalization
• Trade
• Standard of Living

Sending goods to another country to sell. (a)  

• import
• export

Bringing goods in from another country to sell. (a)  

• import
• export

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). (a)  

• Free Trade
• Trade
• Goods
• Supply and Demand

According to CNN, the United States receives 80% of its avocados from Mexico. Mexico receives most of its auto parts from the United States. This is an example of the following. (a)  

• Interdependence
• Supply and demand
• Infrastructure
• Globalization

What are some negatives of globalization? Check all that apply.

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• Higher pay for factory workers

Japanese consumers buy many goods made in China. This is an example of:

• ethnic diversity
• sustainable development
• supranational cooperation
• economic interdependence