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Introduction to Globalization E4.9, Week 5

Introduction to Globalization E4.9, Week 5. Instructor: Dr. Ros Soveacha Institute of Foreign Languages Department of English October 18, 2010. Agenda. Logistics Major Activity 1 Q & A in preparation for Written Assignment Major Activity 2 Vocabulary in context Major Activity 3

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Introduction to Globalization E4.9, Week 5

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  1. Introduction to GlobalizationE4.9, Week 5 Instructor: Dr. Ros Soveacha Institute of Foreign Languages Department of English October 18, 2010

  2. Agenda • Logistics • Major Activity 1 • Q & A in preparation for Written Assignment • Major Activity 2 • Vocabulary in context • Major Activity 3 • Group presentation of chapter 3 (p. 37-47)

  3. Logistics • 4th mind map due • Review of Week 4 • The early modern period (1500-1750) • The modern period (1750-1970) • The contemporary period (from 1970) • Reminder for October 25 • 5th mind map due • Q & A in preparation for Written Assignment • Chapter 3—The economic dimension of globalization (p. 48-55) • Group presentation of chapter 3 (p. 48-55) • Presenters: Chhim Try, HengSopheaktra, KeoChantra, & KeoRatanatepy • Return the rubric with the names

  4. Major Activity 1:Q & A in preparation for Written Assignment

  5. Major Activity 2: Vocabulary in context(www.dictionary.com) • Transnational: going beyond national boundaries or interests: a transnational economy. • International Monetary Fund: an organization that controls the international monetary system. • President Richard Nixon: the 37th President of the United States (1969-1974) who led the country as Commander in Chief during the Vietnam War.

  6. Major Activity 2: • OPEC (Organization of Petroleum-Exporting Countries): Founded in 1960 to administer a common policy for the sale of petroleum. • Neoliberalism: a modern politico-economic theory favoring free trade, privatization, minimal government intervention in business, reduced public expenditure on social services, etc. • President Ronald Reagan: the 40th President of the United States (1981-1989) who led the neoliberal revolution.

  7. Major Activity 2: • WTO (World Trade Organization): the only international body dealing with the rules of trade between nations. • Cambodia has been a member of WTO since October 13, 2004. (http://www.wto.org/english/thewto_e/countries_e/cambodia_e.htm) • NAFTA (North American Free Trade Agreement): an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into effect on January 1, 1994.

  8. Major Activity 2: • GATT (General Agreement on Tariffs and Trade): formed in 1949 and lasted until 1993. It was replaced by the World Trade Organization in 1995. • Euphoria: a feeling of great happiness or well-being, commonly exaggerated and not necessarily well founded. • Peg: the level at which some price, exchange rate, etc., is set: a dollar peg.

  9. Major Activity 3: Group presentation of chapter 3 (p. 37-47) Steger, M. B. (2003). Globalization: A very short introduction. New York: Oxford University Press. • Presenters: • Hong Sokunthea • Nov Mean Sabbay • Sam Chanmakara • Yann Vanda

  10. Thanks for your participation!

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