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TCI Chapter 32
The Global Sneaker: From Asia to Everywhere
Term | Definition |
---|---|
globalization | the development of a worldwide society |
region | an area defined by one or more natural or cultural characteristics that set it apart form other areas |
free trade | the flow of goods and services across national borders with few controls by governments |
tariffs | a tax on goods imported from another country |
multinational corporation | a large company that has operations in more than one country |
economic interdependence | a condition in which countries have strong ties and depend on each other for resources, technology, trade and investment |
distribution | the way people or things are spread out over an area or a space |
toxic waste | materials from industry that are poisonous to humans or other living things |
foreign investment | money coming into a country from investors in another country |
urban | found or living in a city |
rural | found in or living in areas that are not close to cities |