Thursday, April 28, 2011

Globalization Test Review Terms

NOTE: This test will be 20 multiple choice questions ONLY, so it's imperative that you study terms and concepts from the last two weeks.

globalization
global interdependence
World Trade Organization
World Bank
International Monetary Fund
International Court of Justice/ World Court
General Agreement on Tariffs and Trade
United Nations Department of Economic and Social Affairs
tariff
sanction
embargo
subsidy
subsidize
protective tariff
union
Turtle Exclusion Device
International Whaling Commission
sustainability
unilateral
sovereignty
sweatshop
multinational corporation
outsourcing
fair trade
free trade
lazissez faire
service industry
manufacturing industry


Additionally, be sure to review the arguments for and against globalizaiton as well as why some people support and oppose the WTO, World Bank and IMF

Be familiar with economic, social, political, technological and environmental aspects of all perspectives.

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