Please Define the Following Key Terms

question 6

Short Answer

Please define the following key terms
-Pedro I

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Definitions:

Barrier to Trade

Any obstacle or condition that limits the flow of goods and services between countries, such as tariffs, quotas, or regulations.

Transnationalism

The process of heightened interconnectivity between people and the receding economic and social significance of boundaries among nation states.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies, cultures, and populations.

Labour

The effort by humans to produce goods or services in exchange for wages or other forms of compensation.