Basic Concepts
Global Issues
Economics & Trade
Academic Vocabulary
Global Organizations
100

This is the process of increasing global connection between countries.

globalization

100

This is damage to the natural world caused by human activity.

pollution

100

This is a tax on imported goods.

tariff?

100

This means “to join together” countries or systems.

integration

100

This organization is responsible for maintaining international peace and security.

the Uniter Nations (UN)

200

Goods brought into a country are called these.

imports

200

This refers to the gap between rich and poor.

inequality

200

This policy limits imports to protect domestic industries.

protectionism

200

This adjective describes something that has two opposite effects, both positive and negative.  

double-edged (sword)

200

This organization provides financial support and loans to developing countries.

the World Bank

300

This term refers to the movement of people from one country to another, often for work or study.

migration
300

This term describes long-term environmental protection and resource use.

sustainability

300

Companies that operate in multiple countries are called these.

multinational corporations

300

The exchange of goods and services between countries

trade

300

This organization promotes global trade and resolves trade disputes between countries.

the World Trade Organization (WTO)

400

This term refers to businesses or companies that operate in more than one country.

multinational corporations

400

This is the use of biological weapons to harm populations

bioterrorism

400

This term describes countries relying on each other economically.

interdependence

400

A situation where countries rely on each other economically or politically

interdependency(e)

400

This organization focuses on improving global public health and fighting diseases.

the World Health Organization (WHO)

500

This concept explains why countries specialize in producing certain goods efficiently.

comparative advantage

500

This refers to fear or dislike of foreigners

xenophobia

500

This policy removes trade barriers to encourage free trade.

trade liberalization

500

An official penalty or restriction imposed by one country (or group of countries) on another, often to influence behavior

sanction

500

This organization provides emergency aid and assistance to children around the world.

UNICEF (United Nations International Children's Emergency Fund)

M
e
n
u