MY ENGLISH BUSINESS BLOG

 ASSIGMENT 9: My opinion of globalization NAME: Cinthia Segura Pérez NUA: 117494 In my opinion, economic globalization has affected my life a lot in many ways. My father is a migrant and his whole life has worked in the United States, so because of this whenever I need money he sends me to Mexico and thanks to that we have been able to have better economic stability. Technological globalization has also been another aspect that has changed my life a lot, because if globalization did not exist, I would not be able to use many technological devices that I use in my day to day, such as the cell phone, stove, microwave, refrigerator and many others. Without them my normal life and my life abroad would be very difficult. Finally, another aspect of globalization that has affected my life has been cultural globalization, because, even though I have not traveled to another country, I have been able to learn a lot about Asian culture through the media and it has It seemed very interesting b...

 ASSIGNMENT 8: Globalization - Global and local economy NAME: Cinthia Segura Pérez NUA: 117494   Events Aspect of globalization 1 Disneyland, the American theme park, has been set up in Hong Kong, Japan, and France.   economic 2 The parts of a car come from all over the world: Germany, Japan, Korea etc. and the car is assembled in the U.S. ECONOMIC   3 Businesses are operated with many satellite locations or call centers in other parts of the world to answer questions in another: for example, someone in India answering a call from the U.S. about a product or service. INFORMATIONAL  4 The creation of regional forums such as the European Union , Asia-Pacific Economic Co-operation (APEC) , and international organizations such as the World Trade Organization and the World Health Organization. These internati...

 ASSIGNMENT 7: Globalization 2 NAME: Cinthia Segura Pérez NUA: 117494 Having read the previous texts. What do you think can be the effects of globalization in Chile? Mention 2 Greater technological and scientific advance but less sale of local products, unless they find a strategy to popularize some of their products in other countries. In the worst case, a loss of national identity could occur by allowing the entry of diverse cultures to the territory, in addition to increasing Americanized fashion. Do you think globalization is a reversible process? Yes, No? Justify your answer. No, because many relationships have already been created thanks to globalization; If it were to be reversed, many countries would be affected economically, socially, politically, and even culturally, in addition to chaos due to all the restrictions that would be implemented.

6 Globalization/Globalisation : QUESTIONS  CINTHIA SEGURA PÉREZ 1          Has globalisation made the world a better or a worse place? What would the world be like                     with no globalisation?  2.                    Has globalisation affected all countries equally?  3.                    Which countries are taking advantage of globalisation to influence the world?  4.                    How has globalisation affected living standards around the world?  What about jobs?  5.                    What effect ha...

ASSIGNMENT 5: Money, foreign exchange and finance NAME: Cinthia Segura Pérez NUA: 117494   What is Finance?              Finance studies the exchange of capital between stakeholders and that carry a risk. What is Financial System? It is the set of authorized institutions that keep money and authorize transactions between savers, investors, lenders and borrowers. What are the functions of a financial system? The function of a financial system is to make relationships between different stakeholders like the savers, investors, lenders for borrowers and other market participants who are existing in this particular system. Provide the financial service where the different stakeholders can maximize their return. How are the main types of financial institutions categorized? Describe each one. Banking and non-banking: Banks are creators of credit, and non-banking institutions purveyors of credit. Intermediaries Vs. Non-Intermediarie...

  ASSIGNMENT 4: Money, foreign exchange and finance NAME: Cinthia Segura Pérez NUA: 117494 What does Forex stand for? Foreign Exchange Market What does Forex refer to? Is the exchange of one currency for another. there is a market with the value of different currencies. What is Forex trading?             Is the currency exchange What does Forex trading market refer to? It is the place where people exchange currency, and it can be any day at any time. There are many currencies How does the foreign exchange work? People analyze the change in the value of coins. If the price is low, it is convenient to buy; when the price increases, the investment will also do so. What do people trade? Their money is for the value of other currencies. How do people trade?             People analyze the fluctuation of the currencies to decide which one to invest. What is a currency-pair?  ...

ASSIGNMENT 3: Money, foreign exchange and finance. NAME: Cinthia Segura Pérez NUA: 117494   1.                  How are money and currency defined? Currency is a medium of exchange, a unit of account, portable, durable, and fungible. Money also is a medium of exchange, a unit of account, portable, durable, and fungible, but add that is a store of value. 2.                What are the differences between currency and money?  Currency is fungible and is a medium of exchange, a unit of account. Also, it´s portable, durable and divisible. Money is all of those things plus a store of value over a long period of time. 3.                What are their most important characteristics? I believe, they serve to interact in the market as medium of exchange, and store value. 4.  ...