ap Flashcards

9323034251	Deindustrialization	Loss of industrial activity in a region.	0
9323034252	Ecotourism	The practice and business of recreational travel based on concern for the environment	1
9323034253	Deglomeration	The dispersal of an industry that formerly existed in an established agglomeration.	2
9323034254	fixed costs	costs that do not vary with the quantity of output produced	3
9323034255	variable costs	costs that vary with the quantity of output produced	4
9323034256	investment capital	money that a business spends in hopes of future gain	5
9323034257	Export processing zone	Industrial parks for foreign companies to conduct export-oriented manufacturing	6
9323034258	Exclusive Economic Zone	-To 230 miles (370 kilometers) in which state has right to explore, exploit, conserve, and manage	7
9323034259	free trade zone	an area of a country in which trade restrictions do not apply	8
9323034260	Maquiladoras	A factory in Mexico that assembles imported materials into finished goods for export	9
9323034261	Specialized economic zones	region with economic laws that are more liberal than the country's typical economic laws	10
9323034262	multinational corporation	a company that is heavily engaged in international trade, beyond exporting and importing	11
9323034263	4 Asian Tigers	Hong Kong, Singapore, South Korea, Taiwan	12
9323034264	BRICS	Brazil, Russia, India, China, South Africa	13
9323034274	MINTs		14
9323034265	Pacific Rim	an economic and social region including the country's surrounding the pacific ocean	15
9323034266	European Union	A family of democratic countries committed to working together for peace and prosperity in Europe.	16
9323034267	NAFTA	North American Free Trade Agreement; allows open trade with US, Mexico, and Canada.	17
9323034268	ASEAN	Association of Southeast Asian Nations	18
9323034269	GATT	General Agreement on Tariffs and Trade	19
9323034270	WTO	World Trade Organization; the only international body dealing with the rules of trade between nations	20
9323034271	OPEC	Organization of Petroleum Exporting Countries	21
9323034272	Brandt Line	divides the more developed north from the less developed south	22