Unit 1 Part B 听力脚本 How can a country benefit from商务英语 globalization.pdf

How Can a Country Benefit from Globalization? Directions: In this part you are going to hear an interview, an expert from IMF will talk about globalization—definitions and benefits. Please listen and do the following exercises. An IMF representative has come to CCTV 9 dialogue program to talk about globalization process. The focal point is “Who Benefits from Globalization and How?” CCTC Host: Many people are worried but more seem to be confused. What is “globalization” after all? IMF Representative: The term “globalization” has acquired considerable emotion. Some view it as a process that is beneficial—a key to future world economic development. It is also inevitable and irreversible. Others regard it with hostility, even fear, believing that it increases inequality within and between nations, threatens employment and living standards and prevents social progress. Actually economic “globalization” is a historical process. It is the result of human innovation and technological progress. It refers to the increasing integration of economies around the world, particularly through trade and financial flows. The term sometimes also refers to the movement of people (labor) and knowledge (technology) across international borders. There are also broader cultural, political and environmental dimensions of globalization. CCTC Host: That sounds very good. I mean the free flow of goods, people and technology. But why are people so worried about globalization? IMF Representative: Because markets promote efficiency through competition and the division of labor, this means the specialization allows people and economies to focus on what they do best. On the one hand global markets offer greater opportunity for people to tap into more and larger markets around the world, so they can have access to more capita