Economic Globalization and Trade Quiz

To promote international commerce

Creating trade barriers to protect one's economy from foreign competition

Trading of goods and services between countries without tariffs or taxes

<p>It transfers jobs from developed nations to developing nations to reduce the cost of products</p> Signup and view all the answers

<p>Actors that create harmonious economic and market integration</p> Signup and view all the answers

<p>To reduce or eliminate trade barriers between member countries</p> Signup and view all the answers

<p>Transnational corporation (TNC)</p> Signup and view all the answers

<p>Countries with manufacturing base and technology</p> Signup and view all the answers

<p>Countries with closer ties to the global economic core</p> Signup and view all the answers

<p>Economically interdependent</p> Signup and view all the answers