1) What is the growing interaction of all countries in all aspects? a) Interdependence b) Independence c) Globalization d) Capitalism 2) What are the three components of globalization? a) Economy b) Liberalization c) Deregulation d) Privatization e) Independence 3) What is sending goods to other countries to sell? a) Import b) Export 4) What is the action of buying and selling goods and services? a) Trade b) Globalization c) Labor 5) What is bringing goods in from another country to sell? a) Export b) Import 6) Removes the limitations and restrictions of trading a) Liberalization b) Capitalism c) Deregulation 7) Transfer of ownership from public to private ownership a) Trade deficit b) Privatization c) Deregulation 8) Removing restrictions, especially in a particular industry to create more competition a) Economic independence b) Free trade c) Deregulation 9) More imports than exports a) Stability b) Labor c) Trade deficit d) Free trade 10) a term referring to people who can work and is constantly looking for work but can not find one. a) Unemployment b) Underemployment c) Labor force

GLOBALIZATION

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