Relations between countries
Find the right word
Trade
Production
Globalisation key terms
100
When people establish themselves in a newly discovered region
What is colonisation
100
defined as a process that, based on international strategies, aims to expand business operations on a worldwide level, and was precipitated by the facilitation of global communications due to technological advancements, and socioeconomic, political and environmental developments.
What is globalization
100
Selling products to another country or several countries for the purpose of sale and trade
What is export
100
The person or company that produces goods
What is a manufacturer or producer
100
An economic system in which the means of production are privately or publicly owned. Goods, services and capital are exchanged in a free market.
What is capitalism
200
Great land area where people from all over the world have settled since it was discovered
What is America
200
To understand or be aware of something
What is Perceive
200
The line you have to cross to get from one country to another
What is border
200
The place where production takes place
What is a factory
200
Those countries classified by the World Bank as "intermediate" and "low" income nations. The distinction is made on the basis of the country's Gross National Income (GNI).
What is Developing Countries
300
A continent where European countries had colonies
What is Africa
300
To be successful or fortunate, especially in financial relations
What is Prosper
300
A movement which strives for fair treatment of all their farmers and/ or tries to be good for the environment
What is fair trade
300
A shop or factory in which employees work for long hours at low wages and under unhealthy conditions
What is a sweatshop
300
A union of international organizations established in 1945 to provide aid to countries seeking to participate in international exchange, and to reduce poverty around the world. Its member organizations are the International Development Association, International Center for the Settlement of Investment Disputes, International Finance Corporation, International Bank for Reconstruction and Development, and the Multilateral Investment Guarantee Agency.
What is the world bank
400
54 countries that support each other and work together towards shared goals in democracy and development
What is What is The Commonwealth of Nations
400
belonging to the basic nature of someone or something
What is Inherently
400
This kind of trade aims to eliminate import taxes and tariffs for companies.
What is free trade
400
Work carried out by children under slave-like or otherwise unacceptable conditions
What is child labour
400
Transferring non-central functions to another entity to complete. This could be done in the same country such as when a company outsources its shipping function to a major shipper. It can also be done offshore for cost benefits.
What is Outsourcing
500
Multinational corporations in short term
What is MNCs
500
disease occurring over a wide geographic area and affecting an exceptionally high proportion of the populationde
What is pandemic
500
When you trade something illegal
What is trafficking
500
Taking advantage of others for selfish purposes
What is What is exploitation
500
A system involving the participation of more than two countries.
What is Multilateral
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