IB 150- Midterm Exam Guide - Comprehensive Notes for the exam ( 150 pages long!)

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Ib is everywhere because we are all consumers. Recaptualizando: globalization is under attack due to job loss, environment, and the benefits of it are not shared equally among the population. Merchandise exports and imports the visible trades (. 78 trillion, 2014) Service exports and imports invisible trades, ex: banking, insurance, accounting, airlines. Strategic alliances by mnes joint venture, licensing, etc. Any company that engages in business functions beyond its domestic borders. The largest and most powerful are included in the fortune 500. Us gdp: $ 17. 42 trillion in 2014. Walmart is bigger than argentina, gdp wise. Walmart has 11088 stores in total, more than 6000 are overseas. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies are ranked by revenues in 2014: They racked up combined revenues of 31. 2 trillion, and profits . 7 trillion. China"s 98 companies posted . 8 trillion in revenues in 2013.

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