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Business Vocabulary in Use, deel Advanced

46 Global forces

Jaar 2 (hbo)

Globalization = the increase of trade around the world, especially by large companies producing and trading goods in many different countries
Global economy = the increasing integration of fragmented national markets for goods and services into a single global market
Interdependence = countries who dependent on each other
Industrialized countries = advanced economies
Rural economies = economy based on agricultural activities
Industrialization = the process of developing industries in a country
Middle-income = relating to people or groups whose income falls in the middle of the range for an overall population
The Asian tigers = fast-growing economies in SE Asia who are reaching the West’s levels of wealth and prosperity
GDP = the total value of the goods and services produced by a country in a year
Living standards = levels of wealth for people
Income distribution = the way the money is divided among the people of the country
GNI = money coming into a country from investments abroad, minus money leaving the country to go to investors from abroad
Containerization = to package (cargo) in large standardized containers for efficient shipping and handling
Trade liberalization = obstacles to international trade are gradually being removed
Telecommunications = the sending and receiving of messages over distance, especially by telephone, radio and television

Ingezonden op 24-06-2008 - 6793x bekeken.
Waardering 6.2 (aantal stemmen: 10)

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Business Vocabulary in Use, deel Advanced

46 Global forces