1. Why do countries trade? Why is Globalization so Controversial?
AP/IB Economics
Adapted from NCEE’s Focus Globalization

2. International Economics
Globalization
Free Trade
Trade Barriers
What is the role of globalization in causing or curing global poverty?

3. Introduction to the BAG GAME!
You need 3 squares and a bag.
When you receive your bag, you may look at what’s inside. Do not show anyone.
On your first square, write down how happy you are to receive this gift on a scale of 1-10.

5. Debrief What influenced you to trade? Why might you refuse to trade?
Which characteristics of a market make it efficient?
Why then, is globalization controversial?

6. Globalization Viewpoints
“Globalization, then, is growth-promoting. Growth, in turn, reduces poverty. …(T)he liberalization of international transactions is good for freedom and prosperity. The anti-liberal critique is wrong: marginalization is in large part caused by not enough rather than too much globalization.”
(Dr. Razeen Sally, London School of Economics)

7. Globalization Viewpoints
“While globalization has led to benefits for some, it has not led to benefits for all. The benefits appear to have gone to those who already have the most, while many of the poorest have failed to benefit fully and some have even been made poorer.”
(Duncan Green, Policy Analyst at the Catholic Aid Agency for England and Whales; and Claire Melamed, Head of Trade Policy, Christian Aid)

8. World Trade Organization (WTO)
1 January 1995
149 members
Replace GATT

9. WTO Protests: Seattle, 1999

11. Link
November 30-December 2, 1999

12. Characters Played by Narrator Sue Henry David Richards Abbe Smith
Protester 1
Protester 2
Manager 1
Protester 3
Manager 2
Union Representative
IT Employee
Econ. Student 1
Econ. Student 2
Mr. Singh
Board Member
Retiree
Wall Street Floor Trader
Art Gallery Owner
UN Delegate 1
UN Delegate 2