Study

Globalization

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  • And globalization is definitely about capitalism: its goal is to increase the... and capital around the world
    flow of goods
  • The 23 countries did not manage to... the subsidies at the meeting because the talks broke down, but they did... for themselves
    abolish, speak up
  • Often, poor countries are pressured to follow global trade rules as a condition for a loan or for aid. For example, a poor country might be advised to adjust the value if its.., or it might be advised to eliminate.., or taxes
    currency, tariffs
  • It is common for critics to claim globalization has only... the rich Western countries, but this claim is...
    benefited, oversimplified
  • Globalization is the... and .... of economic interaction among people, companies, and governments of different nations
    acceleration, intensification
  • The king of Bhutan said that he wasn't sure his country had one of those but was interested in knowing what a.... was
    GDP Gross National Product
  • The poor countries.... against agricultural... by rich countries, which make the poor countries' products less competitive in the world market.
    spoke out, subsidies
  • Some skeptics feel that globalization allows rich countries rich countries to take... of poor countries, which skeptics feel are only hurt by trying to be more..
    advantage, capitalistic