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2 cards from this section. Quick, good the night before a test.
What is globalization?
Think about how countries are becoming more connected.
What does MNC stand for?
Consider companies that operate in many countries.
What does the U.S. dollar represent in global trade?
Think about which currency is widely accepted for trade.
True or False: Globalization only benefits developed countries.
Consider how different countries interact in global trade.
Discuss the implications of U.S. dollar dominance on smaller economies.
Consider how dependent currencies interact with stronger currencies.
Evaluate the role of technology in the U.S. becoming a global leader in economic influence.
Think about how innovation influences market competition.
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