Critics of International Economic Liberalism and Economic Globalization 359Key Te r m s
Beijing Consensus (p. 345)
BRICS (p. 339)
comparative advantage (p. 327)
derivatives (p. 326)
direct foreign investment (FDI)
(p. 325)
General Agreement on Tariffs and
Trade (GATT) (p. 323)
globalization (p. 317)
Group of 7 (G7) (p. 323)
International Monetary Fund (IMF)
(p. 323)
mercantilism (p. 319)
moral hazard (p. 327)
most- favored- nation (MFN) princi ple
(p. 323)
offshore financial centers (p. 326)
portfolio investment (p. 325)
sovereign wealth funds (p. 326)
structural adjustment programs
(p. 341)
sustainable development (p. 341)
Washington Consensus (p. 341)
World Bank (p. 321)
World Trade Or ga ni za tion (WTO)
(p. 329)