4.2 The world economy part 2/2

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• Middelbare school
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• Leerjaar 3

The Football coach didn't want to wear nike products. Explain why.

How is it possible that Nike can pay their employes such a low salary?

4.2 The world economy part 2/2

Program:

        - Picture 

        - Recap part 1 

        - Lessongoals 

        - More free trade 

        - Assignments 

        - Closing 

What is protectionism?

How are countries protecting their markets?

LessonGoals 

You'll learn what the WTO wants.

You'll learn why multinationals can locate themself all over the globe 

You'll what the global shift is. 

WTO

World Trade organisation 

Open free market 

Poor countries could enter the global market 

MNO multi national organisation 

- Footloose 

- Benefits of location 

        - Cheap labor 

        - Low taxes 

        - No enviormental laws 

        - Close to a big market 

       

Close to a big market 

Production in:                 Population

- China                               - 1.402.000.000

- India                                 - 1.380.000.000

- Indonesiä                       -    273.500.000

MNO?

Shift to the East 

- Global shift 

- Newly industrialised countries 

- SEZ 

Triad 

Newly industrialised Countries (blue)

Closing 

- Make the assignments of section 4.2 

Assignment 1 to 6.