International Business - Midterm Review

4093 words 17 pages
AFM 333 Midterm Review

Module 1:

- Fall of Berlin Wall 1989 - Two Trends altering global market: globalization of markets and technological advances - Globalization: interconnectedness of national economies, growing interdependence of buyers, producers and suppliers in different countries

G6 economies: US, UK, Japan, Germany, France, Italy - Account for half of global consumption with only 1/10 of population -

B6 economies: China, India, Russia, Brazil, Mexico, South Korea - China is the biggest market for phones, TVs, and cars in 2007 - China and India have more middle class households than all of the households in the United States - Growth in B6 more than 3x the growth in G6 economies
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silicon valley, Switzerland pharma, fashion in italy/paris, IT in Bangalore - export platform for the

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