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Nike global American company named for the Greek goddess of victory Philip Knight creator of Nike, had ideas to import shoes from Japan to cut costs, 1960s Global Exchange global system of market, financial, and commodity exchange Corporate Responsibility ex: when US college students started to question where their Nike gear came from--changed things Fair Trade ... Fair Labor Association ... Export Processing Zones small areas within which especially favorable investment and trading conditions are created by governments in order to attract export-oriented industries Fordism principle for mass production based on assembly-line techniques, scientific management, mass consumption based on higher wages, and sophisticated advertising techniques Foreign Direct Investment total of overseas business investments made by private companies Manquiladora ... Creative Destruction the withdrawal of investments from activities and regions that yield low rates of profit in order to reinvest in new activities Debt Trap syndrome of always having to borrow in order to fund development Deindustrialization a relative decline in industrial employment in core regions Dependency high level of reliance by a country on foreign enterprises, investment, or technology Ecological Footprint measure of the human pressures on the natural environment from the consumption of renewable resources and the production of pollution indicating how much space a population needs compared to what is available GDP estimate of the total value of all materials, foodstuffs, goods, and services produced bu a country in a given year GNI (gross nat'l income) similar to GDP, but also includes the value of income from abroad Import Substitution process by which domestic producers provide goods or services that formerly were bought from foreign producers Int'l Division of Labor specialization, by countries, in particular products for export