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Globalization Vocab

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