Module 4: The Economics of Globalization

Events

What events lead to the development of economic globalization?

Economic globalization is about the growing interdependence of trade and economies. In what ways are the recent economic events in Alberta connected to economic globalization?

Research and Reflections

Select one of the following topics or a topic from current news headlines, and research what it is about and how it was caused. Identify the global economic factors that created these events.

• Disparity or decline of the Canadian dollar with the American dollar
• rising or falling fuel prices
• higher or lower than $100-per-barrel oil prices
• rising food prices at the supermarket
• shutdown of outsourced services such as the Dell Call Centre
• American tarrif policies

In what ways are the recent economic events in Alberta connected to economic globalization? Explain.

Read pages 9 and 10 in Perspectives on Globalization