Globalization
The trend toward increased cultural and economic connectedness between people, businesses, and organizations throughout the world.
Free Trade
international trade free of government interference
GATT
a United Nations agency created by a multinational treaty to promote trade by the reduction of tariffs and import quotas (General Agreement on Tariffs and Trade)
WTO
an international organization based in Geneva that monitors and enforces rules governing global trade (World Tarde Organization)
Little Tigers
Massive postwar economic expansion, slowed in 1990s: Hong Kong, Singapore, South Korea, Taiwan imitate Japanes strategies
European Union
an international organization of European countries formed after World War II to reduce trade barriers and increase cooperation among its members
OPEC
an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum (Organization of Patroleum Exporting Countries)
ASEAN
an association of nations dedicated to economic and political cooperation in southeastern Asia and who joined with the United States to fight against global terrorism (Association of Southeast Asian Nations)
NAFTA
A trade agreement between Canada, the United States and Mexico that encourages free trade between these North American countries. (North American Free Trade Agreement)
HIV/AIDS
A deadly infectious disease that has killed millions across the globe. It has had the largest affect in sub-Saharan Africa where it has stalled poverty relief and is partially responsible to the continued increase in the poverty rate there.
Al-Queda
An Islamic terrorist group led by Osama bin Laden.
Taliban
a group of fundamentalist Muslims who took control of Afghanistan's government in 1996
Red Cross
an international organization that cares for the sick or wounded or homeless in wartime
Greenpeace
an international organization that works for environmental conservation and the preservation of endangered species
Nuremburg Trials
Series of trials after WW 2 held in Germany in which former Nazi leaders were charged with crimes against humanity, and war crimes