International Relations Ch. 1
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| EU (European Union) | Economic alliance of major Western European nations that coordinate trade, immigration and labor policies, making its members one economic unit
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| globalization | actions or processes that involve the entire world and result in making something world wide in scope
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| IGO (Intergovernmental Organization) | for instance--OPEC-organization of petro exporting countries
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| IMF (International Monetary Fund) | Monitors global financial developments, provides short term loans to countries, and provides tech advice and training
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| international relations | the relationships among the world's state governments and their connections
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| MNC (Multi-National Corporation) | a corporation that has businesses in at least one other country other than its own country
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| nationalism | a strong feeling of pride in and devotion to one's country
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| NGO (private organizations) | for instance--private organizations like Red Cross
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| North-South Gap | the difference between rich and poor countries of the world
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| World Bank | A specialized agency of the United Nations that makes loans to countries for economic development, trade promotion and debt consolidation
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| WTO (World Trade Organization) | International organization formed in 95 to encourage the expansion of world trade
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