全球化作文.docVIP

GLOBALIZATION Covering a wide range of distinct political, economic, and cultural trends, the term globalization has quickly become one of the most fashionable buzzwords of contemporary society. Travel in almost any city in the world, look around, and you are likely to discover that much of what you see is familiar. You will probably run across Harry Porter showing at movie theaters, hear Gangnam Style playing in nightclubs, and spot iPhone5 advertisements displayed in stores. So although you may be thousands of miles away from your hometown, you may feel that you fail to escape the global village of marketing. Therefore, in this research, two aspects of prevailing globalization, including economy and culture, will be demonstrated. With improvements in transportation and communication, international business grew rapidly after the beginning of the 20th century. First of all, a growing number of well-known corporations deliver their sevices and manage their products in more than one country. For example, BMW assembles cars in Germany. Through horizontal foreign direct investment (FDI), it does the same thing in host countries such as Thailand and the United States (Peng 80). Secondly, Special Economic Zones have been set up gradually. In order to stimulate local economy, firms, in these certain areas, are taxed very lightly or not at all. Free Trade Zones are a typical example for Special Economic Zones, where trade barries, such as tariffs and import quotas, are reduced or eliminated among member countries. It contributes to free exchange of the labor force in these regions. Obviously, economical globalization plays a significant role in global integration. Cross-cultural communication, as another dominant perspective of globalization, is a process for sharing ideas and values from one culture to another. Globalization has continually increased international competition in sports. The FIFA World Cup is the worlds most widely viewed sporting event; an estimated 715.