Black liquid fuel that powers cars and is traded worldwide.
Oil
A place where many sellers and buyers meet.
Market
Goods like clothes, phones, or cars are also called _____
Products
A business that operates in many countries.
Multinational company
This word means the “flow of goods, money, and ideas across borders.”
Globalization
This crop is the main food in Asian countries.
Rice
The money you get from working.
Salary
A “give and take” system where both sides benefit.
Trade
A shared system of rules that countries follow to trade fairly.
Agreement
A line that separates countries.
Border
This mineral is mined and used to make coins and jewelry.
Silver
Paper that shows what you paid after shopping.
Receipts
Bringing goods into a country.
Import
A worldwide challenge, like climate change, that affects everyone.
Global issue
A large meeting
Conference
A black rock fuel that powered factories in the 1900s.
Coal
This happens when prices of goods go up over time.
Inflation
Sending goods out of a country.
Export
A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
Loan
The largest organization where most nations belong for peace and cooperation.
United Nations
Wood
This is the extra money you pay when borrowing or the extra money you earn when saving.
Interest
A tax added to imports, making them more expensive.
Tarrifs
Large projects like roads, bridges, or power plants that help economies grow.
Infrastructures
A rule that lowers taxes on goods traded between countries.
Free trade