BCOR 1015 Lecture 7: BCOR1015 Module 7 lecture--Globalization
Document Summary
World of business module 7 day 2: globalization. Textile plants humming, but not with workers: [national. New york times, late edition (east coast), p. a. 1. Fergusson, i. f. , mcminimy, m. a. , & williams, b. r. (2016, february 9). Merriam webster: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of heaper foreign labor markets. National geographic: globalization is the connection of different parts of the world. Results in the expansion of international cultural, economic, and political activities. Wikipedia: in 2000, the imf (international monetary fund) identified 4 basic aspects: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge. Business dictionary: does not include unhindered movement of labor. Michael spense: globalization is the process by which markets integrate worldwide. What was the basic point: simulate a trade being on the weak side/strong side of a trade.
