Geography key words 0.0 / 5 ? GeographyGLOBALISATIONA2/A-levelEdexcel Created by: TarzleaCreated on: 23-03-18 10:40 Special Economic zones (SEZ) An area where trade laws differ from the rest of the country, located within the countries national boarder - increases jobs, trade etc. 1 of 12 Tariff Tax/duty to be paid on a particular class of imports/exports 2 of 12 Quota Limited quality of a particular product - under official controls to be produced, exported and imported 3 of 12 Subsidies Sum of money granted by state to help an industry/business keep the price of commodities low 4 of 12 trade liberation removal/reduction on the free exchange of goods between nations 5 of 12 Globalisation process by which a business develops internationally - global scale 6 of 12 Colonisation Process of establishing control over the indigenous people of an area 7 of 12 Capital major flow through stock markets each day as investment banks buy and sell money in various currencies to make money ($5 trillion each day) 8 of 12 Commodities raw materials (fossil fuels, minerals etc.) and manufactured goods which can be brought or sold 9 of 12 Information real time communication between distant places, goods and services can be brought instantly due to social networks 10 of 12 Tourism the commercial organisation and operation of holidays and visits to places of interest 11 of 12 Migrants Permanent movement of people - largest problem especially border control + immigration. Most Governments try and resist global trade 12 of 12
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