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question 9

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Directions: Choose the best answer based on the information you read in Chapter Seventeen. ​ "Playing video games is another popular past-time it is certainly popular with all my friends"


Definitions:

Trade Surplus

Occurs when a country has a higher level of exports than imports.

Imports

Goods or services brought into one country from another for sale or use.

Exports

Goods or services produced in one country and sold to buyers in other countries, contributing to a nation's economy and corporate revenue.

Glocalization

The process of firms standardizing their products globally, but using different promotional campaigns to sell them.

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