Globalization Vocabulary

antiglobalization movement – s a social movement critical of the globalization of corporate capitalism.

Sentence- The cause of the rise of the anti – globalization movement

local – relating to a particular area, city or town

Sentence- Party workers are busy canvassing local residents.

national – relating to an entire nation or country

Sentence- Religion matters very much at a national level.

domestic- relating to, or made in your own country

Sentence- Rising import prices tend to feed back into domestic prices.

integration (the act of bringing together smaller components into a single system that functions as one) / cooperation (a situation in which people work together to do something)

Sentence- The organism of a hive yields integration for its community of worker bees, drones, pollen and brood.

multilateral – involving more than two groups or countries

Sentence- A few government and multilateral agencies have given most aid.

progress – the process of improving or developing something over a period of time.

Sentence- We have made great progress in controlling inflation.

protest an event at which people gather together to show strong disapproval about something

Sentence- The protest was a symbolic gesture of anger at official policy.

standardization – is the process of implementing and developing technical standards.

Sentence- The benefits of standardization are coupled with the capacity to respond to change-a way to have your cake and eat it too.

national sovereignty – the idea that independent nations, which have declared their independence, have an organized government and are self-contained, have a right to exist without other nations interfering

Sentence- In another place , pilotage relates with national sovereignty and national defence confidential.

to accelerate – cause (something) to happen sooner or more quickly;

Sentence- They use special chemicals to accelerate the growth of crops.

affluence – abundance of property;

Sentence- Furthermore, the same affluence encourages an increased array of leisure time activity choices.

to dominate – to have control of or power over (someone or something);

Sentence- Price tends to dominate all other considerations.

economic growth drivers – something that provides development and growth of economy;

Sentence- Tourism is one of the most effective economic growth drivers

imbalance / inequality – a state or condition in which different things do not occur in equal or proper amounts;

Sentence- The current trade deficit indicates a serious imbalance between our import and export trade.

superpower – an extremely powerful nation;

Sentence- The United States could claim to be both a military and an economic superpower.

tariff – a tax on goods coming into or leaving a country;

Sentence- The question then arises: how high would the tariff have to be to alter the relationship?

trade barrier – a government-induced restriction on international trade;

Sentence- It also prevents the types of trade barriers which provide opportunities for corruption.

borders – boundaries between countries;

Sentence- Her passion for cleanliness borders on paranoia.

fair trade – trade in conformity with a fair-trade agreement;

Sentence- The Fair Trade Commission has of late been flexing its muscles, cracking down on cases of corruption.

interdependence – the mutual reliance between two or more groups;

Sentence- Models of interdependence focus on interstate relations but challenge the realist view of states as independent actors.

unilateral – involving only one group or country.

Sentence- The candidates had to state their position on unilateral disarmament.

development – the act or process of growing or causing something to grow or become larger or more advanced

Sentence- This is a worrying development for small businesses.

strike – a period of time when workers stop work in order to force an employer to agree to their demands

Sentence- The court declared that strike action was illegal.