World Trade Organization
(WTO) - global organization that helps countries and producers trade
fairly and effectively.
International Monetary Fund (IMF)
Intergovernmental organization with its headquarters in Washington, D.C. that focuses on maintaining
international economic stability.
Here's a list of some other very useful words and phrases for preparation for IELTS
Globalization
topics.
Additional vocabulary
antiglobalization movement
- s a social movement critical of the globalization of corporate
capitalism. (Wikipedia)
local
(relating to a particular area, city or town) /
national
(relating to an entire nation or country) /
domestic
(relating to, or made in your own country)
integration
(the act of bringing together smaller components into a single system that functions as
one) / cooperation (a situation in which people work together to do something)
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