F583 - The global economy - globalisation

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  • Created by: faatimah
  • Created on: 07-04-14 13:32
Globalisation
processes that have resulted in ever-closer links between the world's economies
1 of 7
Foreign Direct Investment (FDI)
establishment of branches and productive processes abroad, or the purchase of foreign firms, investment made by a multinational corporation in a country other than where its operations originate
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Multinational companies (MMC)
firms that produce goods and services in more than one country
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World Trade Organisation (WTO)
a global organisation that regulates world trade
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Transition economy
one that is changing from a centrally planned to a free market economy
5 of 7
The International Monetary Fund (IMF)
a global organisation that aims to promote international monetary co-operation and international trade
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World Bank
a global organisation that provides development funding
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Other cards in this set

Card 2

Front

establishment of branches and productive processes abroad, or the purchase of foreign firms, investment made by a multinational corporation in a country other than where its operations originate

Back

Foreign Direct Investment (FDI)

Card 3

Front

firms that produce goods and services in more than one country

Back

Preview of the back of card 3

Card 4

Front

a global organisation that regulates world trade

Back

Preview of the back of card 4

Card 5

Front

one that is changing from a centrally planned to a free market economy

Back

Preview of the back of card 5
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