Global trade involves business practices that cross
international borders. Modern business practices may include
multiple locations being used as well as telecommunication via
teleconferencing.
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Term1/17
What would be an example of a land-use law
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Definition1/17
A town zones an area for residential buildings only. This is an
example of a land use law.
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Term1/17
Environmental-protection laws can be bad for the economy because they may do what
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Definition1/17
Environmental-protection laws can be bad for the economy because they may increase unemployment.
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Term1/17
What does conditionality require of countries getting loans from the IMF
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Definition1/17
The acceptance of economic policy recommendations
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Term1/17
What is the purpose of the loans made by the World Bank
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Definition1/17
To promote sustainable development
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Term1/17
What does greater capital mobility mean
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Definition1/17
Investment money flows freely around the world.
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Term1/17
What does the giving of foreign aid involve
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Definition1/17
A gift of money from one government to another government
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Term1/17
What might happen to a country that has a trade embargo placed on it
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Definition1/17
It becomes more self-sufficient.
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Term1/17
What is the main intention of boycotts
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Definition1/17
To get countries or companies to stop doing something
objectionable
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Term1/17
How do central banks impact the global economy
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Definition1/17
They influence the national money supply,which affects the
volume of international trade.
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Term1/17
What is the main difference between developed countries and developing countries
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Definition1/17
The income level and standard of living
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Term1/17
If developing countries have weak domestic industries they do not benefit from what
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Definition1/17
Free-trade policies
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Term1/17
Which of these results from greater capital mobility
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Definition1/17
Increased foreign investment.
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Term1/17
What has been the main drawback of globalization for the United states
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Definition1/17
Competition with lower wages and jobs leaving the country are
some of the major drawbacks of globalization.
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Term1/17
How do people in the united states benefit from globalization
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Definition1/17
Economic growth is one way that people in the United States
benefit from globalization.
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Term1/17
Why don't developing countries usally benefit from free trade policies
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Definition1/17
Many developing countries do not benefit from free trade
policies, because their industries are to weak to compete in the
international market.
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Term1/17
Globalization has increased following throughout the world
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Definition1/17
the migration of workers
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Cards in this guide (17)
Name three new business practices of global trade
Global trade involves business practices that cross
international borders. Modern business practices may include
multiple locations being used as well as telecommunication via
teleconferencing.
What would be an example of a land-use law
A town zones an area for residential buildings only. This is an
example of a land use law.
Environmental-protection laws can be bad for the economy because they may do what
Environmental-protection laws can be bad for the economy because they may increase unemployment.
What does conditionality require of countries getting loans from the IMF
The acceptance of economic policy recommendations
What is the purpose of the loans made by the World Bank
To promote sustainable development
What does greater capital mobility mean
Investment money flows freely around the world.
What does the giving of foreign aid involve
A gift of money from one government to another government
What might happen to a country that has a trade embargo placed on it
It becomes more self-sufficient.
What is the main intention of boycotts
To get countries or companies to stop doing something
objectionable
How do central banks impact the global economy
They influence the national money supply,which affects the
volume of international trade.
What is the main difference between developed countries and developing countries
The income level and standard of living
If developing countries have weak domestic industries they do not benefit from what
Free-trade policies
Which of these results from greater capital mobility
Increased foreign investment.
What has been the main drawback of globalization for the United states
Competition with lower wages and jobs leaving the country are
some of the major drawbacks of globalization.
How do people in the united states benefit from globalization
Economic growth is one way that people in the United States
benefit from globalization.
Why don't developing countries usally benefit from free trade policies
Many developing countries do not benefit from free trade
policies, because their industries are to weak to compete in the
international market.
Globalization has increased following throughout the world