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How can benefits be used as a competitive advantage by employers?
World Trade Organization
An international organization established in 1995 to regulate international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.
Modernization Theory
A theory that argues that societies progress linearly from traditional to modern states and that economic development brings about positive social and cultural changes.
European Hegemony
Describes the period or condition where European powers dominated world politics, economics, and culture, often through colonization and imperialism.
Cold War
The period of geopolitical tension between the Soviet Union and the United States and their respective allies, from the end of World War II until the dissolution of the Soviet Union in 1991.
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