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Globalization Vocab.

TermDefinition
abroad in a foreign country
border natural or artificial line separating two pieces of land.
export good or service traded to another area.
free trade international exchange of goods and services without taxes or other fees.
globalization connection of different parts of the world resulting in the expansion of international cultural, economic, and political activities.
import good traded from another area.
migrant person who regularly moves from place to place, usually in search of work.
popular culture goods, services, ideas, and patterns of their use in a population.
port place on a body of water while ships can tie up or dock and load and unload cargo.
raw material matter that needs to be processed into a product to use or sell.
standard of living amount of goods and services a person in a specific community or geographic area is able to afford.
tariff tax imposed on imports and exports.
trade buying,selling, or exchanging of goods and services.
Created by: yohali