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
2 of 7
Multinational companies (MMC)
firms that produce goods and services in more than one country
3 of 7
World Trade Organisation (WTO)
a global organisation that regulates world trade
4 of 7
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
6 of 7
World Bank
a global organisation that provides development funding
7 of 7
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
Card 4
Front
a global organisation that regulates world trade
Back
Card 5
Front
one that is changing from a centrally planned to a free market economy
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