国际商务英语授课国际商务 (2).pdf
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1、International Business Globalization 1 Outline:What is globalization?Globalization of Markets Globalization of Production Drivers of globalization The changing demographics of the global economy The globalization debate2 I.What is globalization?3 Your life in the global village 4 What is globalizati
2、on?the shift toward a more integrated and interdependent world economy.integrated becoming part of a group or society and be accepted by them.interdependent depending on or necessary to each other.5II.Globalization of market 6 Two key facets of globalization the globalization of markets the globaliz
3、ation of production 7 Globalization of markets the merging of historically distinct and separate national markets into one huge global marketplace 8 consumers and products in the global market consumers:same tastes and preferences products:with universal needs 9 Firms benefit and compet in the globa
4、l market products,brand names,marketing,operating strategies differences in global markets e.g.Promoting cars:the factors to be considered:-fuel costs;-income levels -traffic congestion;-cultural values best marketing:-matching conditions in a country11https:/ http:/ of production 13 Globalization o
5、f production the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production(labor energy,land,and capital)the sourcing:around the globe to take advantage of national differences -lowering cost -improving q
6、uality -competing effectively 141516 “global product”Boeing will outsource 65%of its 787 aircraft to foreign companies.1819202122http:/ Xi Jinping delivers the keynote speech at the opening ceremony of the annual conference of the Boao Forum for Asia 2018.“Chinas reform and opening-up meets its peop
7、les aspiration for development,innovation and a better life.It also meets the global trend toward development,cooperation and peace.”IV.Drivers of Globalization 23 Drivers of globalization declining trade and investment barriers technological change 24 declining trade and investment barriers the Wor
8、ld Trade Organization(WTO)Eight rounds of tariff negotiations by GATT (General Agreement on Tariffs and Trade,1947-1994)-decline in tariffs -removing barriers in non-tariff issues 25164 members(29 July 2016)26 Global institutions promote the globalization the International Monetary Fund(IMF)the Worl
9、d Bank(WB)the United Nations(UN)27 What are the implications of declining trade barriers for the globalization of markets?Lower trade barriers:helping companies view the world as a single market28 source:WTO.World Trade Statistic Review 2017,p.1029 source:WTO.World Trade Statistic Review 2017,p.1130
10、 What are the implications of declining investment barriers for the globalization of production?Lower investment barriers:helping companies establish production in optimal locations around the globe 3132Source:UNCTAC,World Investment Report 2017,p.99WTO Trade Facilitation Agreement(TFA)provisions:th
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