Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.



It's a Small World After All

Adam Estacio

on 29 April 2010

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Globalization

Globalization By Adam Estacio, Will Toaspern,
and Andy Gray Defining Globalization According to the Merriam Webster Dictionary, Globalization is "the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets." Key factors in globalization World Trade Organization (WTO)
North American Free Trade Agreement (NAFTA)
International Monetary Fund (IMF) and the World Bank
European Union (EU)
Group of Seven (G-7) World Trade Organization Established in 1994 to oversee trade agreements, enforce trade rules, and settle disputes.
The WTO formed in order to regard a more multilateral audience, as well as to create a more effecient, faster system to organize world trade over more than just merchandise. International Monetary Fund (IMF) and the World Bank "The International Monetary Fund (IMF) is an organization of 186 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world."
Created in order to help financially struggling countries recieve loans to pay their debts
The World Bank is made up of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). European Union European economic union made up of 27 European countries and is responsible for 28% of world’s products

Started after WWII for the purpose of European integration and not separate European nationalism which tore the continent apart

The Union was established on November 1, 1993 due to the Maastricht Treaty

Nations in the EU all use the Euro as currency
G-7 Meeting between financial heads of US, UK, Canada, France, Germany, Italy, and Japan to discuss economic policies
Their goal is to work through world’s economic problems and solve them with common economic solutions
Formed in 1976
Consists of the Countries Canada, France, Germany, Italy, Japan, the UK, and the US.
North America Free Trade Agreement (NAFTA) Trade between US, Canada, and Mexico
U.S. President George H.W. Bush, Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas on December 17, 1992.
The whole goal of NAFTA is to eliminate barriers of investment and trade between the three countries. FIN
Full transcript