unit5--Business.pptVIP

Unit5 Business Learning Target: Business and WTO Reading Skill5: Semantic Relationship Practice: Reading and Speaking Practice: Skim Scan The World Trade Organization (WTO) is an international organization designed to supervise and liberalize international trade. The WTO came into being on 1 January 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947, and continued to operate for almost five decades as a de facto international organization. 中国建设银行　—— CBC（Construction Bank of China  中国银行　　　—— BC（Bank of China） 中国农业银行　—— ABC（Agriculture Bank of China） 中国工商银行　—— ICBC（Industry and Commercial Bank of China） 招商银行—— CMBC (China Merchants Bank 国家开发银行　—— CDB（China Development Bank） 汇丰银行　 —— HSBC net price wholesale price retail price fixed price preferential price maximum price, ceiling price, minimum price prime cost, first cost, first price, initial price price fixing price index  International Business countries vary in natural and economic conditions and may have different policies towards foreign trade and investment; cultural differences including language ,customs, traditions, religion, value, behavior; the countries involved often have different legal systems; different countries usually use different currencies. Global 500 Largest Corporations 2008 Steve Forbes, chairman, CEO and editor-in-chief of the Forbes Magazine, attends a news conference in New York on March 11, 2009. Forbes Magazines 2009 list of the worlds billionaires saw the total number of them drop to 793 from 1,125 in 2008, the first year-to-year decrease since 2003. Bill Gates returned to the top of the list with a total net worth of 40 billion dollars. Levis Reading Skill5: Semantic Relationship In?the?past?the?world?seemed?to?run?in?an?orderly?way.?Now,?however,?everything?seems?to?be?in?a?state?of?turmoil. (Contrast Relationship) Some students were inadvertently late for class, while a few were purposely late. While hypermar