globalization
globalization of markets
the merging of historically distinct and separate national markets into one huge global marketplace
True
True
True
globalization of production
factors of production
General Agreement on Tariffs and Trade (GATT)
World Trade Organization
International Monetary Fund
World Bank
True
United Nations (UN)
Group of Twenty (G20)
international trade
foreign direct investment (FDI)
True
Moore's law
international business
political economy
political system
collectivism
socialist
communists
privatization
individualism
representative democracy
market economy
command economy
mixed economy
common law
based on religious teachings
contract
contract law
the body of law that governs contract enforcement
True
property rights
Foreign Corrupt Practices Act
Human Development Index (HDI)
innovation
entrepreneurs
deregulation
first-mover advantages
political risk
economic risk
culture
values
norms
society
folkways
the routine conventions of everyday life
mores
social structure
group
social strata
caste system
class system
class consciousness
religion
True
power distance
uncertainty avoidance
ethnocentrism
free trade
the absence of barriers to the free flow of goods and services between countries
globalization
globalization of markets
the merging of historically distinct and separate national markets into one huge global marketplace
True
True
True
globalization of production
factors of production
General Agreement on Tariffs and Trade (GATT)
World Trade Organization
International Monetary Fund
World Bank
True
United Nations (UN)
Group of Twenty (G20)
international trade
foreign direct investment (FDI)
True
Moore's law
international business
political economy
political system
collectivism
socialist
communists
privatization
individualism
representative democracy
market economy
command economy
mixed economy
common law
based on religious teachings
contract
contract law
the body of law that governs contract enforcement
True
property rights
Foreign Corrupt Practices Act
Human Development Index (HDI)
innovation
entrepreneurs
deregulation
first-mover advantages
political risk
economic risk
culture
values
norms
society
folkways
the routine conventions of everyday life
mores
social structure
group
social strata
caste system
class system
class consciousness
religion
True
power distance
uncertainty avoidance
ethnocentrism
free trade
the absence of barriers to the free flow of goods and services between countries