国际贸易第1章(经济全球化英文版)
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国际贸易第1章(经济全球化英文版
International Trade Chapter I. Globalization LEARNING OBJECTIVES After you have read this chapter you should: LO1 Understand what is meant by the term globalization. LO2 Be familiar with the main drivers of globalization. LO3 Appreciate the changing nature of the global economy. LO4 Understand the main arguments in the debate over the impact of globalization. LO5 Appreciate have the process of globalization is creating opportunities and challenges far business managers. Flat Panel Televisions and the Global Economy They begin as glass panels that are manufactured in high-technology fabrication centers in South Korea, Taiwan, and Japan. ~ 1 ~
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Operating sophisticated tooling in environments that must be kept absolutely clean, these factories produce sheets of glass twice as large as king size beds to exacting specifications. From there, the glass panels travel to Mexican plants located alongside the border. There they are cut to size, combined with electronic components shipped in from Asia and the United States, assembled into finished TVs, and loaded onto trucks bound for retail stores in the United States. It’s a huge business. In 2006, consumers spent some $ billion on flat panel TVs, a 63 percent increase over the amount spent in 2005. Projections call for sales to hit $37 billion by 2008-despite the fact that due to intense competition, prices for flat panel displays have been tumbling and are