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Course contents:
- Globalization. International business.
- World Trade Agreements.
- Review of World Organizations (World Trade
Organization, World Bank, United Nations,...)
- Historical Background
- The State of the World
Objectives:
- Understand the concept of Globalization.
- To know the main international institutions.
- To have a global vision about the state of the world.
- To know where to find information.
Available Languages:
.
Summary in:
This module provides the learner with a comprehensive overview of the
regional and international trade blocks and institutions governing and
regulating International trade. It examines the development of international
trade to date.
Learn about trade liberalization and the formation of the World Trade
Organization. Identify the positive and negative effects of globalization.
Understand the various regional economic agreements and their relevance to
both regional and world trade. Review the UN, WTO, WCO etc and their role in
facilitating world trade. Explore the historical development of world trade
over the last three decades.
In the last few years the world economy has gone through some major changes, the result of which has been the creation of
a world market. With the establishment of the World Trade Organization (WTO), almost all economies of the world are likely to establish more
and more interdependent relationships with each other. In the 1980's the world economy was
characterized by trade between large economic blocs,
since the mid 90's international trade has tended to develop towards
globalization to a stage where it is feasible to conceive trade without
frontiers in the not too distant future. At the start of the 21th century we witness the emergence of a new economy:
The world as a global market!
Domestic trade has become global trade, where the entire world is a global market. You are now probably working on a computer which was produced in China using Japanese chips and an American operating system. You may be wearing a pair of trousers made in Taiwan, Italian sunglasses and a Swiss watch. Perhaps tonight you will have a glass of Spanish or Chilean wine or a cup of Kenyan coffee with your dinner. You may drive a Korean or German car, use a Finnish phone or smoke Cuban cigars. This is our reality today, which has become possible due to globalization.
More information:

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