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Economic Terms

Published on Mar 29, 2016

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1.

Economic Interdependence
When countries depend on each other for resources, trade and investment

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2.

FREE TRADE
The flow of goods and services across borders with little control.

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3.

TARIFFS
A tax on a good from another country.

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4.

MULTINATIONAL CORPORATION
A company that has operations in more than one country.

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5.

FOREIGN INVESTMENT
Money coming into a country from another country.

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6.

GLOBALIZATION
When people, money, information, and goods flow freely across borders

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Deanna Kovash