国际经济学（英文）课件CHAPTER1.pptVIP

International Economics Eighth Edition Dominick Salvatore Introduction Phenomenon of international Economics ! What is International Economics about? The Subject Matter of IE Current International Economic Problems Phenomenon of international Economics Phenomenon of production The Dell PC Is All But American! Phenomenon of purchase Phenomenon of investment Phenomenon of cultural What Is International Economics About Globalization Definition: An economic phenomenon? A social phenomenon? A cultural phenomenon? Integration of Economies The increasing reliance of economies on each other The opportunities to be able to buy and sell in any country in the world The opportunities for labour and capital to locate anywhere in the world The growth of global markets in finance Integration of Economies Technology Communication networks Internet access Growth of economic cooperation – trading blocs (EU, AFTA, etc.) Movement to free trade Trade versus Aid? Benefits of Trade: Increased choice Greater potential for growth Increase international economies of scale Greater employment opportunities Trade versus Aid? Disadvantages of trade: Increase in gap between the rich and the poor Dominance of global trade by the rich, northern hemisphere countries Lack of opportunities for the poor to be able to have access to markets Exploitation of workers and growers Corporate Expansion Multinational or trans-national corporations (MNCs or TNCs) –— Businesses with a headquarters in one country but with business operations in a number of others. Corporate Expansion Characteristics: Expanding revenue Lowering costs Sourcing raw materials Controlling key supplies Control of processing Global economies of scale Corporate Domination Key Issues: Damage to the environment? Exploitation of labour? Monopoly power Economic degradation Non-renewable resources Damage to cultures Other Issues: Accountability of global businesses? Increased gap between ric