1. GLOBALISATION

2. Definition
Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international trade and investment.

3. CHARACTERISTICS
MULTINATIONAL CORPORATIONS have global reach and increasin power.
Multinational corporation is a company which has its headquarters in one country but has assembly or production facilities in other countries.
E.G. Coca-Cola, Nike or Santander.

4. CHARACTERISTICS
TRAVEL AND SHIPPING are cheap and safe.

5. CHARACTERISTICS
GOVERNMENTS have decreased tariffs and regulations on international trade.
International trade: the exchange of good and services along international borders.

6. HISTORY OF A T-SHIRT

7. DEVOLPING COUTRIES

8. INTERNATIONAL ORGANISATIONS
The are international organisation that promote free trade between members:
UN (United Nations)
WTO (World Trade Organisation)

9. INTERNATIONAL ORGANISATIONS
Other associations:
WORLD BANK: fight against poverty giving loans and economic advice to developing countries.
IMF (International Monetary Fund): favours economic cooperation and gives loans.

10. ECONOMIC BLOCS
FREE TRADE ZONE: the countries that belong to this zone do not have tariffs on the products they buy from other members.
Tariff: A tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers.

11. FREE TRADE ZONES
NAFTA (North America Free Trade Agreement)

12. FREE TRADE ZONES
EFTA (European Free Tade Association)

13. COMMON MARKETS
Their member countries have free movement of people, capitals and goods. And they have a common economic policy.
European Union and Mercosur

14. EUROPEAN UNION

15. MERCOSUR

16. IT´S NOT JUST MONEY
The population is moving around the world as they never did.

17. GEO ECONOMIC REGIONS The Triad Emerging countries
Regional economic powers
Underdeveloped coutries

19. THE TRIAD EEUU, Japan and EU. Little production in agriculture.
Industry has developed due to science and technology.
Consumption is very high: high standards of living.

20. THE TRIAD

21. EMERGING COUNTRIES Russia
Asia Tigers: South Korea, Taiwan, Singapore and Hong Kong.
China
India
Mexico
Argentina
Brazil

23. EMERGING COUNTRIES
Agriculture has decreased, althougt it is still important.
Rapid process of industrialisation based on low labour cost.
Comsuntion is increasing.
They export manufacturing and high-tech.

24. REGIONAL ECONOMIC POWERS
Australia
South Africa
Countries of Middle East.

25. REGIONAL ECONOMIC POWERS
Based on natural resources (minerals and raw materials) and industrial development.

26. UNDERDEVELOPED REGIONS
Latin America, Asia and Sub-Sahara Africa.
Traditional agriculture main activity
Industry is not developed.
Consumption of goods iis very low because of estándar of living.

28. Debate
Globalization is good.
Coltan