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gcworld prelims > Phases of Globalization > Flashcards

Phases of Globalization Flashcards

1
Q

Aided by railroads, ocean transport; resulting in the rise of
manufacturing and trading companies

A

1st Phase: 1830, peaking around 1880

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2
Q

Fueled by electricity and steel; early MNEs

A

2nd Phase: 1900, peaking late 1920s

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3
Q

GATT, end of WW II, Marshall Plan; gradual reduction of barriers to trade

A

3rd Phase: 1948, peaking around 1970

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4
Q

Fueled by Internet and other technologies: rapid liberalization in Emerging Markets…

A

4th Phase: 1980, peaking around 1997

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gcworld prelims (7 decks)

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