凯伯国际贸易第一章(英文课件).pptx

The International Economyand Globalization
© 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password‐protected website for classroom use
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PowerPoint slides prepared by:
Andreea Chiritescu
Eastern Illinois University
The International Economy
High degree of economic interdependence
No nation exists in economic isolation
All aspects of a nation’s economy are linked to the economies of its trading partners
Reflects the historical evolution of the world’s economic and political plex and its effects uneven
© 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password‐protected website for classroom use
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The International Economy
High degree of economic interdependence
Steps toward international cooperation
Mutually advantageous for trading nations
Specialization, efficiencies of large scale production
Wider variety of products at lower cost
Protectionist pressures
Developing nations
Liberalized trading system - serves to keep the developing nations in poverty
© 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password‐protected website for classroom use
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Globalization of Economic Activity
Globalization
Greater interdependence
Countries and their citizens
International flows
Goods and services
People
Investments in equipment, factories, stocks, bonds
Non-economic elements
Culture and the environment
© 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a ce