the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities; also called neoliberalism / free trade

the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies

where goods, services, and labor are exchanged throughout the entire world

These are the factors that influence the direction of a market’s prices for goods and services without the involvement of the government

within a country

This is an investment made by an organization or individual in a different country from theirs; can take different forms, ie capital, building factories etc.

This is a strong sudden adverse reaction

The decrease in purchasing power of a currency resulting in increase in prices of goods and services.

to make worse

in relation to the stock market (?) ; increases and decreases in the value of shares

when the government takes actions/creates policies to decrease govt spending and debt (particularly in the case where they may not be able to make their bond payments)

a state that earns a lot of its revenues from exporting oil or another natural resource

Investment of financial resources into one country by a multinational corporation (or other investor) located in another country for the purpose of creating new businesses or purchasing existing ones.

A firm (business enterprise) that has active business operations physically located in more than one country. The firm must do more than simply trade or invest abroad. It must actively produce goods or services, have a branch office, or otherwise directly interact within markets of other countries.