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From Industrial Revolution to the Web Semester 1 2002-2003 A/P. Ian Gordon AS1/05-19 Ph. 874 4694 |
Lecture 11
American Business and Globalization
Outline
I. Introduction
II. Creating
an International Economy: Exporting the American Model
a. Cold
War Objectives
b. Allies and Competitors
III. International Institutions of Trade
Bretton Woods Agreement
International Monetary Fund
International Bank for Reconstruction and Redevelopment (World Bank)
General Agreement on Tariffs and Trade (GATT)
World Trade Organization (WTO)
European Economic Community (EEC), which after 1965 was called the European Community.
IV. Floating Currencies
V. The Importance of Foreign Trade
World's merchandise trade alone exceeded $5 trillion in 1999
Transnational Companies: 7,000 in 1970. 35,000 in 1991
VI. Restructuring American Industry
VII. Winners and Losers in a Global Economy
VIII. Conclusion