| A | B |
|---|
| Free Trade | Buying and selling without government interference |
| GATT | An international agreement aimed at reducing barriers to trade (1947) |
| Globalization | The trend toward a single worldwide market place. |
| NAFTA | A 1993 agreement between Canada, the U.S. and Mexico that will eliinate most trade barriers. |
| Protectionism | Policies aimed at shielding domestic industries from foreign competition |
| Tariff | A government tax on imports |
| Trade barriers | Obstacles to free trade, such as quotas and tariffs |
| WTO | An international body that promotes free trade |
| Mercosur | A South American Common Market |
| Kathy Lee Gifford | worked toward ending global sweatshops |
| Nestle Corporation | a Conglomerate |
| Alcoa | controls the world's supply of bauxite |
