John Wiley & Sons, Inc c 19981 GLOBAL ECONOMIC ENVIRONMENT Chapter Two.

Slides:



Advertisements
Similar presentations
Part Three Theories and Institutions: Trade and Investment
Advertisements

Multinational Market Regions and Market Groups
Economic Integration.
International Trade Policy Economic Integration and Regionalism.
Global Marketing Chapter 3
Regional trade agreements John Ries, BASM530. RTAs: What are they? WTO’s Dictionary of Trade Policy Terms: “actions by governments to liberalize or facilitate.
Ch.6: International Environment: Regional Political & Economic Integration.
Copyright Atomic Dog Publishing, 2002 Regional Economic and Political Integration Dana-Nicoleta Lascu Chapter 4.
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1-1 Chapter 1 WORLDWIDE DEVELOPMENTS. 1-2 Regional Developments Impacting Internationalization North American Free Trade Agreement (NAFTA) –U.S., Canada,
chapter 10 International Cooperation Among Nations
8-1 Copyright © 2009 Pearson Education, Inc. publishing as Prentice Hall Cross-National Cooperation and Agreements.
International marketing Definitions, scope and issues.
« The voice of the European Service Industries for International Trade Negotiations in Services » Analysis of potential plurilateral negotiations in services:
REGIONAL ECONOMIC INTEGRATION
International Management Phatak, Bhagat, and Kashlak
International Business Strategy 301REN Unit: 4 Knowledgecast: 1 The Strategic Environment Globalization of Markets.
Managing the Global Environment
The Global Economic Environment
Globalization and International Linkages
Chapter 1Kotabe & Helsen's Global Marketing Management, Third Edition, Global Marketing Management Masaaki Kotabe & Kristiaan Helsen Third Edition.
International Management Concerns Lecture 22. Global Differences Average paid vacation days per year Average paid vacation days per year Paid vacation.
Global Markets and Marketing Chapter 3 McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 3 International Law BA 18. 3Prentice Hall Our world has become a “global village” where goods and services are traded globally, rather than just.
Chapter 4 Managing the Global Environment. LEARNING OUTLINE Follow this Learning Outline as you read and study this chapter. What’s Your Global Perspective?
Welcome to class of World Marketplace by Dr. Satyendra Singh University of Winnipeg Canada.
Regional Economic Integration
Regional Economic Integration
© The McGraw Hill Companies, Inc., 2000 Ch.6: International Environment: Regional Political & Economic Integration.
Multinational Market Regions and Market Groups Chapter 10.
Chapter 2Kotabe & Helsen's Global Marketing Management, Third Edition, Global Marketing Management Masaaki Kotabe & Kristiaan Helsen Third Edition.
Reasons for the “Development Gap”.. Social and Economic Groupings of Nations... OBJECTIVES: Indentify FOUR new ways of grouping countries. Explain different.
1-1 McGraw-Hill/Irwin© 2003 The McGraw-Hill Companies, Inc.,All Rights Reserved.
Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 8-1 International Business Environments and Operations, 13/e Part Three Theories and.
1 ECN 406 ECONOMICS OF INTEGRATION
The Global Economic Environment The Coming Boom Wealthy Industrial Countries Developing Countries East Asia South Asia Latin America
Chapter 2Kotabe & Helsen's Global Marketing Management, Second Edition 1 Global Economic Environment Dr. Wenyu Dou.
8-1 Copyright © 2009 Pearson Education, Inc. publishing as Prentice Hall International Business Part Three Theories and Institutions: Trade and Investment.
Pearson Education, Inc. © 2006 CHAPTER 8 Trade INTERNATIONAL RELATIONS Seventh Edition Joshua S. Goldstein.
International Business, 8th Edition
Chapter 2Kotabe & Helsen's Global Marketing Management, Second Edition 1 Global Marketing Management Masaaki Kotabe & Kristiaan Helsen Second Edition John.
Global Marketing Management, 5e Chapter 1Copyright (c) 2009 John Wiley & Sons, Inc. 1 Chapter 1 Globalization Imperative.
© Prentice Hall, 2005Excellence in Business, Revised Edition Chapter Competing in the Global Economy.
© 2006 Pearson Education Canada Inc.Chapter Chapter 2 Competing in the Global Economy.
1 Lecture 4 Multilateralism and Regionalism Hyun-Hoon Lee Professor Kangwon National University.
Chapter 1Copyright (c) 2007 John Wiley & Sons, Inc.1 Global Marketing Management, 4e Chapter 1 Globalization Imperative.
1 Regional Integration Regional trade agreements (RTAs) References Hill, C W “International Business” (6th edit., 2007), Chapter 9 Ball, D et al. “International.
Part Two Using Technology for Customer Relationships in a Global Environment Global Markets and International Marketing 5 5.
1 An Introduction to International Economics Second Edition Economic Integration Dominick Salvatore John Wiley & Sons, Inc. CHAPTER S E V E N.
Levels of Economic Integration
GLOBAL ECONOMIC ENVIRONMENT CHAPTER OVERVIEW Intertwined World Economy Country Competitiveness Evolution of Cooperative Global Trade Agreements Information.
Copyright ©2003 McGraw-Hill Australia Pty Ltd PPTs t/a International Trade and Investment by John Gionea Slides prepared by John Gionea NAFTA MERCOSUR.
Chapter 2Copyright (c) 2007 John Wiley & Sons, Inc.1 Global Marketing Management, 4e Chapter 2-3 Global Economic/Financial Environment.
2. Economic Environment 1. Chapter Overview 1. Intertwined World Economy 2. Country Competitiveness 3. Evolution of Cooperative Global Trade Agreements.
After reading this chapter, you should be able to: 1. Discuss the rise of international business and describe the major world marketplaces and trade agreements.
Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved The United Nations (UN)  The UN is possibly the best- known worldwide organization.
Chapter 9 Regional Economic Integration By: Ms. Adina Malik (ALK) 1.
Regional Economic Integration
Regional Economic Integration
Chapter 9 Regional Economic Integration By: Ms. Adina Malik (ALK)
Regional Economic Integration
Global Marketing Management
Global Marketing Management
Regional Training Alliances
Regional Economic Integration
Preferential Trade Agreements Or Trade blocs Ch. 12
Ch.6: International Environment: Regional Political & Economic Integration © The McGraw Hill Companies, Inc., 2000.
Regional Economic Integration
Chapter The reasons for economic union
Regional Economic Integration
Presentation transcript:

John Wiley & Sons, Inc c GLOBAL ECONOMIC ENVIRONMENT Chapter Two

John Wiley & Sons, Inc c Global Economic Environment w Overview w 1. Intertwined World Economy w 2. Economic Environment Within a Nation w 3. Role of the General Agreement on Tariffs and Trade (GATT) and The World Trade Organization (WTO) w 4. US Position on Foreign Direct Investment and Trade

John Wiley & Sons, Inc c Global Economic Environment (cont) w 5. Information Technology and The Changing Nature of Competition w 6. Regional Economic Arrangements w 7. Multinational Corporation

John Wiley & Sons, Inc c Intertwined World Economy Ten Big Emerging Markets (BEM’s) w Chinese Economic Area CEA (China, HongKong, Taiwan) w India w South Korea w Mexico w Brazil w Argentina w South Africa w Poland w Turkey w Assn of Southeast Asian Nations - ASEAN (Indonesia,Brunei,Mal aysia,Singapore, Thailand, Philippines, Vietnam)

John Wiley & Sons, Inc c Intertwined World Economy (cont) w Exhibit 2-1 “Top Ten Countries with which US Traded Merchandise in 1995” w Foreign Direct Investment w Portfolio Investment (indirect investment)

John Wiley & Sons, Inc c Economic Environment Within a Country w market economy vs command economy w Exhibit 2-2 “ Interrelationships Between Control of Economic Activity and Ownership of Productive Resources” Robinson Patman and Sherman Act Keiretsus w Exhibit 2-3 “Telecommunications Hotspots”

John Wiley & Sons, Inc c Role of GATT and WTO w GATT Most favored nation concept (MFN) Uruguay round w WTO Exhibit 2-4 “Summary of the Final Act of the Uruguay Round of GATT” w Financial Services in the WTO/GATT

John Wiley & Sons, Inc c US Position in Foreign Direct Investment and Trade w US Direct Investment Overseas Exhibit 2-5 “US Direct Investment Abroad” w Foreign Direct Investment (FDI) in The United States Exhibit 2-6 “FDI Outlays in the US” Exhibit 2-7 FDI Stock in the US ”

John Wiley & Sons, Inc c US Position in FDI and Trade (cont) w Balance of Payments Position Exhibit 2-8 “US International Trade in Goods and Services, Balance of Payments Basis ” Exhibit 2-9 “US International Trade in Goods, Balance of Payments Basis, ” Exhibit 2-10 “US International Trade in Services, Balance of Payments Basis

John Wiley & Sons, Inc c Information Technology and The Changing Nature of Competition w Trade Related Intellectual Property (TRIP’s) w Information related products

John Wiley & Sons, Inc c Regional Economic Arrangements Multination Trading Blocs w European Union (EU) w North American Free Trade Agreement (NAFTA) w European Free Trade Area (EFTA) EU plus Finland, Sweden, Norway, Iceland, Austria, Liechtenstein, Switzerland. w MERCOSUR Southern Cone Free Trade Area (Brazil, Argentina, Uruguay, Paraquay plus Chile) w Andean Group in South America

John Wiley & Sons, Inc c Regional Economic Arrangements (cont) w Gulf Cooperation Council (GCC) in West Africa w South Asian Agreement for Regional Cooperation (SAARC) India, Pakistan, Sri Lanka, Bangladesh, Nepal, Maldives, Bhutan w ASEAN

John Wiley & Sons, Inc c Regional Economic Arrangements (cont) w Free trade areas w Customs Unions free trade areas plus common external tariffs = a customs union w Common Markets w Monetary Union w Political Union

John Wiley & Sons, Inc c Multinational Corporations w “ in 1985, 80% of the non-communist world’s productive assets would be controlled by just companies ” Howard Perlmutter, Professor,Wharton School