Globalization

This is a true statement about globalization

• Globalization is here to stay and likely to increase.

• Foreign investment is not a part of globalization.

• Globalization does not upset traditional ways of life

• Globalization is decreasing and will eventually fade away

Is Globalization New?

• Yes, Globalization has only became a thing in recent years

• No, since the start of civilization, people have traded goods with their neighbors.

• Maybe

What is one downside of Globalization?

• Exchange of ideas

• More profit

• More jobs

• Global warming

Globalization has led to a rapid increase in which of the following?

• International trade

• Water stress

• War

• Transboundary Pollution

A company in Canada ships hockey sticks to the United States for sale without paying tariffs. This is an example of which of the following?

• Cooperation

• Tariffs

• Free trade

• Treaty

To bring (goods or services) into a country from another country for sale.

• Import

• Export

• Tariff

• Globalization

Export...

• The exchange of goods and services

• Something we pay for that we can touch

• When countries don't charge each other tariffs.

• When products are shipped out of our country to be sold.

Domestic...

• When products come into our country to be sold.

• When a company gets goods, services, or resources from an outside supplier

• From our home country

• When a company gets goods, services, or resources from an outside supplier

Goods...

• From our home country

• Something we pay for that we can touch

• Something we pay for that we can touch

• Positive attributes

Nike is an example of this type of company:

• Multinational Corporation

• Outsourcing

• Big Business

• Outsourcing