Globalization

Globalization

1. Homogenization

   • All is similar

2. Developing countries

   • World Bank by GNI
   • Low/medium

3. E-Commerce

   • Commerce by Internet

4. Capitalism

   • Economic system
     • By companies

5. International Monetary Fund (IMF)

   • International organization
     • cooperation
     • Grow trade.
     • exchange
   • 189 countries

6. Mercantilism

   • Economic theory
     • Wealth:
       • capital supply
       • merchant trading

7. Multilateral

   • Participation system
     • least 3 countries

8. Multinational corporation

   • Worldwide corporation

9. Offshoring

   • Transfer organization--> country

10. Outsourcing

    • Transfer no central functions
      • Same or different country

11. Protectionism

    • Measures by goverment
      • Protection
        • industry
        • Economy

12. World Bank

    • International organizations
      • reduction of poverty
      • international exchange

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