WOULDN'T YOU AGREE? | SOME STUFF HAPPENED | REFINED LANGUAGE | THE SUSTAINABLE SEVERAL | RANDOMIZER |
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What is NAFTA?
This agreement is responsible for export and import rules between Canada, USA and Mexico.
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What is WWI?
This global event lasted 4 years, was very destructive yet opened new international relationships.
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What is TARIFF?
This is a tax imposed on imported goods and services.
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What is the UNITED NATIONS?
An intergovernmental organization established 24 October 1945 to promote international co-operation and peace.
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Who is FRIEDRICH HAYEK?
This influential thinker was right wing- a belief in more economic freedom.
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What is BRETTON WOODS?
This conference post-WWII was focused on economic restructuring globally; IMF & WB birthed here.
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What is GREAT DEPRESSION?
This global event began with a stock market crash, resulting in mass unemployment and government intervention.
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What are NATURAL RESOURCES?
Anything occurring in the environment that exist undisturbed in original form; we end up usually trading these.
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What is the INTERNATIONAL MONETARY FUND (IMF)?
International organization wanting to foster global monetary cooperation, financial stability, international trade, high employment and sustainable economic growth, and reduce poverty.
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What is DEREGULATION?
The process of removing or reducing state “regulations”.
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What is KYOTO PROTOCOL?
An international treaty from 1992 committed to reduction of greenhouse gas emissions by setting reduction targets for countries to follow.
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What are MAQUILADORAS?
A manufacturing process operating out of Mexico where parts are imported and assembled there.
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What is SUBSIDY?
A form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy; think Peanut Farmers.
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What is WORLD TRADE ORGANIZATION (WTO)?
This group regulates trade between countries by providing a framework for negotiating agreements and resolving disputes.
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What is E-COMMERCE?
This is trading in products or services using computer networks, such as the Internet.
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What are MILLENNIUM GOALS?
Eight international development goals ranging from reducing poverty to eliminating diseases.
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What are GREENHOUSE GASES?
These contribute to climate change by absorbing infrared radiation and being a substantial part of the whole “effect.”
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What is STEWARDSHIP?
The responsible overseeing and protection of something considered worth caring for and preserving.
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What is WORLD BANK (WB)?
A United Nations international financial institution that provides loans to developing countries for capital programs.
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What is RESOURCE GAP?
The gap between the resources the earth can supply and what we actually consume.
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What are FREE TRADE BLOCS?
Having an agreement that reduces barriers to trade with other countries; NAFTA and FTAA are examples of these “pieces” that fit together.
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What is GREEN BELT MOVEMENT?
This NGO focuses on conservation, development and ways to combat environmental concerns in Africa.
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What is FOREIGN INVESTMENT?
When assets or goods are purchased by individuals, institutions or governments in another country.
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What is GENERAL AGREEMENT on TARIFFS & TRADE (GATT)?
This group became the WTO, a multilateral agreement regulating international trade.
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What is KNOWLEDGE ECONOMY?
Anything including business and individuals who use research, training, education and information technologies for practical applications.
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