The Global Economy – Overview

The Global Economy – Overview - Some governments attract...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
The Global Economy – Overview 1. International trade has increased over time. In 2015, US has more trades across the countries than across the nation. 2. Some industries such as semiconductor, telecommunication, computers etc. have already more trade across the world than they do inside the nation. 1. Example: GE and Wind Energy – GE’s Wind Energy business benefits by tapping into talent around the world. They have built research centers in China, Germany, India, and the U.S. The CEO, Jeffery Immelt said, “We did it, to access the best brains everywhere in the world.” Not All Countries Are The Same
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: - Some governments attract foreign markets and some don’t. East Asia, Hong Kong, Singapore, South Korea, Taiwan and India attract foreign investments. On the other hand, Guatemala and Africa do not attract the foreign investment because they don’t have much skilled labor available. 1. Guatemala : 54% don’t complete 5 th grade; 40% work for < $1/day 2. South Korea : 98% finish high school; < 2% work for < $1/day In Africa, Latin America, and Eastern Europe income has NOT increased from 1960 while other countries went from sweat shop in 1960s to industrial power in 2000s....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern