ADM 3318 Lecture Notes - Lecture 1: Natural Disaster, International Finance Corporation, Westphalian Sovereignty
Document Summary
You can find examples of globalization everywhere including a mexican vendor at a. Canadian farmer"s market, selling world cup (soccer) baseball caps, which are imported from china. There is a photo taken at the mennonite farmer"s market in st. jacobs, ontario during the first week of world cup 2014. Although a canadian team was not competing, millions of. Canadians watched the games to root for teams from the country of their parents or grandparents. Opening case: who makes the apple iphone: apple has been using foreign manufacturing since 2004, in today"s world, national economies are merging into an interdependent economic system. What is globalization: globalization refers to the shift toward a more integrated and interdependent world economy, as globalization unfolds, it is transforming industries and creating anxiety among those who believed their jobs were protected from foreign competition. As markets globalize business activities and transcend national borders, institutions need to help manage and regulate the global marketplace.