Economic Globalization
Trade between countries with relatively few restrictions
free trade
FTA
Free Trade Agreement
WTO
World Trade Organization
Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
HIPC
Heavily Indebted Poor Countries
industries that use knowledge to produce economic benefits
Knowledge Economy
The process of reducing barriers to trade
trade liberalization
Canada, Mexico and the USA trade agreement
NAFTA
Rappers always brag about carrying one but in other circles it stands for General Agreement on Tariffs and Trade
GATT
APEC
The Asia-Pacific Economic Cooperation
development that meets the needs of the present without compromising the ability of future generation to meet their own needs
monitors exchange rates (the price at which one country’s currency can be purchased with another country’s currency) and provides short - term financial assistance.
IMF
An individual country gives special status to their trading partners.
trading bloc
EU
European Union
In the RPG game Final Fantasy this is a Black Magic ability with a Rarity of 2☆. It deals fire magic damage to one target, it can initially be used two times and it can be honed to Rank 5.
or in some circles : Foreign Investment Review Agency) tried to stop further US control of the Canadian economy.
FIRA!
large-scale agricultural business
Agribusiness
provides loans to member countries who are in financial difficulty. In order to get loans, the member country must meet certain political and economic conditions, such as reducing government debt and corruption.
World Bank
other barriers of trade, these are usually eliminated in a free trade area. or a Tax
tariff
TNC
Trans National Company
AGT
Alberta Government Telephones.
a corporation owned by the federal or provincial government.
Crown Corporation
The World Bank, the International Monetary Fund (IMF) and the General Agreement on Tariffs and Trade (GATT) were created at this meeting
Bretton Woods Agreement
refers to the group of eight highly industrialized nations—France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia—that hold an annual meeting to foster consensus on global issues like economic growth and crisis management, global security, energy, and terrorism.
Group of Eight (G8)
GDP
Gross Domestic Product
ICC
International Criminal Court
moral principles that govern a person's behavior or the conducting of an activity.
Ethics