Wednesday, November 14, 2012

November 14

We started a film study today on the documentary film "The Corporation". As I told you in class, I split this up over three class periods. After we finished watching the first segment today I handed out the TNC Dossier Assignment sheets, and went over what the project entails. This project is due on November 28th. Tomorrow we should be able to select the TNCs and I should be able to show you some exemplars as well. Please remember that you have your Chapter 10-11 Test next Wednesday (November 21st), please see the study guide below.
This quiz has a matching section and a short answer section. Please make sure that you review Chapters 10 and 11. Please review your answers to questions/activities from your Unit 3 Worksheet, as well as the key terms (from Chapter 10-11 and from the PowerPoint presentations).

Please review the following two PowerPoint presentations:

1. "Foundations of Economic Globalization"
2. "Expansion of Economic Globalization"


You should know these key terms really well:
  • Bretton Woods Agreement
  • international monetary system
  • fixed exchange rate
  • gold standard
  • floating exchange rate
  • World Bank
  • International Monetary Fund (IMF)
  • centrally planned economy
  • free market economy
  • recession
  • John Maynard Keynes
  • Friedrich Hayek
  • Milton Friedman
  • totalitarian
  • General Agreement on Tariffs and Trade (GATT)
  • tariff
  • World Trade Organization (WTO)
  • Free Trade Agreement (FTA)
  • North American Free Trade Agreement (NAFTA)
You should also be able to answer the following questions:
  • What is economic globalization?
  • How did 20th century world events shape contemporary economic globalization?
  • What factors laid the foundations of contemporary global economics?
  • What were the major global institutions that were created at the Bretton Woods Agreement?
  • What are the major differences between the ideas of John Maynard Keynes and Friedrich Hayek?
  • What factors contribute to expanding globalization?
  • How do international agreements and organizations contribute to expanding globalization?
  • How do transnational corporations contribute to expanding globalization?
  • How do communication technologies contribute to expanding globalization?
  • What are the benefits of the WTO system? (DETAILS!!)
  • What are some criticisms of the WTO? (DETAILS!!)
Your Latin American Independence Movement Assignment was due today. Please send me the link to your project page in Facebook. Please send the link to either my CBE e-mail address or my Gmail account if you prefer.I finished delivering the PowerPoint presentation on "Forging the New Republic" in class today. I will be posting this presentation on the IB 20 wiki under Unit 6 this evening.
You completed a film study on the BBC 20th Century History video series episode entitled "Make Germany Pay" in class today. I also starting delievering a lecture on the League of Nations attempts to enforce the treaties and the disarmament conferences that took place in the Interwar Years. Please remember also that you have a test on the Emergence of the Americas in Global Affairs on Monday. Please see the study guide here. Also, next Friday you will be writing a Paper 1 on Prescribed Subject 1. Keep up with content covered in class!!

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