Globalization

Globalization

1. Integration

   • Cultural integration
   • Dominant cultures
     • Social
     • Political
     • Economical

2. Developing countries

   • Income
     • Low
     • Middle

3. Capitalism

   • Economic system
   • Free market

4. E - Commerce

   • Economic transcations
   • Electronic

5. Homogenization

   • Uniform
   • Similar

6. International Monetary Fund (IMF)

   • Organization
     • 189 countries
       • Cooperation
       • Exchange

7. Mercantilism

   • Economic theory
     • Supply capital

8. Multilateral

   • System
     • More 2 countries

9. Multinational corporation

   • Conduct business
     • More 1 nation

10. Offshoring

    • Transfer
      • Another country

11. Outsourcing

    • Transfer
      • Same country

12. Protectionism

    • Protect
      • Domestic industry
      • Economy

13. World Bank

    • International organizations
      • International exchange
      • Reduce poverty

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