Terms in this set (10)
term used to describe conditions shared by nations that were once colonies
Developing countries that over the past two or three decades have begun to develop a strong industrial base, such as Singapore and Hong Kong.
An excess of imports over exports
People who are forced to migrate from their home country and cannot return for fear of persecution because of their race, religion, nationality, membership in a social group, or political opinion.
Actions or processes that involve the entire world and result in making something worldwide in scope.
World Trade Organization
Administers the rules governing trade between its 144 members. Helps producers, importers, and exporters conduct their business and ensure that trade flows smoothly.
International Monetary Fund
a United Nations agency to promote trade by increasing the exchange stability of the major currencies
An organization that manufactures and markets products in many different countries and has multinational stock ownership and multinational management
Association of Southeast Asian Nations (ASEAN)
a trade alliance that promotes trade and economic integration among member nations in Southeast Asia
North American Free Trade association
organization that promotes trade among the U.S., Canada, and Mexico