multinational (noun)
the production of products on an industrial scale
interdependent
(adjective)
the development of businesses operating across national borders
resulting in the spread of products and services around the world.
Answers • globalisation / globalization (noun) – the development of businesses operating across national
borders resulting in the spread of products and services around the world.
• race to the bottom (noun) – a competition between people, companies or countries in which
standards are sacrificed to obtain a competitive advantage, usually wages, working conditions or
product quality.
• manufacturing (noun) – the production of products on an industrial scale.
• telecommuting (noun) – working from home or remotely using the internet, email or telephone.
• multinational (noun) – a company that operates in a number of different countries.
• interdependent (adjective) – describes two or more people or things that depend on, or are
affected by, each other.
Activity 2. Using the vocabulary words above, complete the following sentences (remember to use the correct form of the word, e.g. verb conjugation or plural noun) 1. Both Mexico and Brazil lowered their minimum wages and entered into a
________________to make their economies more attractive to foreign companies.
2. As manufacturing processes now take place across several different countries, the world has
become increasingly _______________________.
3. Despite its many benefits, protests have taken place all over the world in opposition to the
negative effects of _______________________.
4. ______________________ jobs will never return to developed countries thanks to the vastly
lower minimum wages of developing countries.
5. Despite much criticism, there is no denying that after expanding their operations to many
different countries, ____________________ have created millions and millions of jobs around
the world.
6. Nowadays, you can find a job anywhere in the world without actually living in that country
thanks to_____________________________.
