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The big picture > Globalization : a boon or a bane ? > Flashcards

Globalization : a boon or a bane ? Flashcards

La mondialisation : aubaine ou calamité ?

1
Q

qui ? quoi

Global village

A
  • Coined by Marshall Mcluhan (philosopher)
  • Globe has become a village : instantaneous movement of information
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2
Q

l’économie mondiale

A

the global economy

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3
Q

un monde sans frontière

A

a borderless world

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3
Q

frontière = =

A

a border, a frontier

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4
Q

le commerce extérieur

A

overseas trade

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4
Q

le commerce, les échanges

A

trade

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5
Q

libre-échange

A

free-trade

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6
Q

un partisan du libre échange

A

a free trader

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7
Q

l’économie de marché = =

A

the free marker, free-market economy

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8
Q

un partisan du libéralisme

A

a free-marketeer

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9
Q

la libéralisation des échanges

A

the liberalisation of trade

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10
Q

la déréglementation

A

deregulation

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11
Q

déréglementer le transport aérien

A

to deregulate the airline industry

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12
Q

what ? when

sth jeopardize the very notion of globalisation

A
  • Since the election of Trump in 2016
  • America’s withdrawal from major international trade : Trans-Pacific Partnership
  • Trade war Trump-China
  • Voters across the western world believe that breaking down trade barriers lead to job losses and depressed wages = rejection of unbridled immigration + rise of nationalist parties all over the planet
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13
Q

zone de libre-échange

A

free trade area

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14
Q

un bloc commercial

A

a trading bloc

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15
Q

un partenaire commercial

A

a trading partner

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16
Q

les chiffres du commerce international

A

trade figures

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17
Q

la balance commerciale

A

the balance of trade

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18
Q

un excédent, déficit commercial

A

a trade surplus / deficit

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19
Q

la libre circulation des marchandises

A

the free flow of goods

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20
Q

les flux de capitaux

A

capital flow

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21
Q

la fuite de capitaux

A

the flight of capital

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22
Q

un paradis fiscal

A

a tax haven

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23
Q

les bienfaits et les dangers de la mondialisation

A

the benefits and pitfalls of globalization

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24
Q

les avantages et les inconvénients de la mondialisation = =

A

the advantages and drawbacks / the pros and cons of globalization

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25
Q

se développer

A

to develop

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26
Q

s’industrialiser

A

to industrialize

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27
Q

la croissance économique

A

economic growth

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28
Q

les pays riches

A

the rich world

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29
Q

les pays du Nord, les pays développés = =

A

developed, industrialized countries

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30
Q

les pays du Sud, les pays en voie de développement

A

developing, industrializing countries

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31
Q

le Tiers-Monde

A

the Third World

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32
Q

un pays émergent

A

an emerging country

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33
Q

les PMA

A

LDCs (least developed countries)

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34
Q

un pays émergent, une économie émergente

A

an emerging country

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35
Q

la Chine et l’Inde

A

Chindia

36
Q

le commerce équitable

A

fair trade

37
Q

les objets artisanaux

A

handicrafts

38
Q

What are BRICS

A
  • acronym coined in 2001 by Goldman Sachs, a Us investment bank
  • major emerging economies
  • 2019 : accounted fpr (représentent) 41% of world population + GDP was about 23% of the gross world product
39
Q

un exportateur

A

an exporter

40
Q

un importateur

A

an importer

41
Q

le taux de change

A

the exchange rate

41
Q

un pays exportateur de pétrole

A

an oil-exporting country

41
Q

pénétrer sur un marché

A

to break into a market

41
Q

s’emparer d’un marché = =

A

to corner, capture a market

41
Q

protectionnisme

A

protectionism

42
Q

les tarifs douaniers, les droits de douane

A

tariffs

42
Q

mesures / politiques protectionnistes = =

A

protectionist measures, policies

43
Q

les droits de douane

A

customs duties

44
Q

les barrières douanières

A

trade barriers

45
Q

les barrières tarifaires, non-tarifaires

A

tariff barriers, non-tariff barriers

46
Q

abaisser, supprimer les barrières douanières = =

A

to lower / remove trade barriers

47
Q

une multinationale

A

a multinational (company)

48
Q

C’est quoi l’altermondialisme

A
  • social movement that supports global cooperation but opposes the negative effects of economic globalization (environmental protection, economic justice, labour protection)
  • World Social Forum : annual meeting held by members of the alter-globalization
49
Q

les délocalisations = = =

A

outsourcing, offshoring, relocating

50
Q

implanter une usine

A

to set up a factory

51
Q

s’implanter à l’étranger

A

to settle abroad

52
Q

un fournisseur

A

a supplier

53
Q

économies d’échelle

A

economies of scale

54
Q

un centre d’appels

A

a call center

55
Q

emplois du secteur secondaire

A

a manufacturing jobs

56
Q

le tertiaire, les services = =

A

the service industries, the service sector

57
Q

profiter de la main d’oeuvre bon marché

A

to take advantage of cheap labour

58
Q

le travail des enfants

A

child labour

59
Q

les conditions de travail

A

working conditions

60
Q

les normes en matière d’emploi, d’environnement

A

labour, environmental standards

61
Q

les coûts de production

A

production costs

62
Q

les coûts salariaux

A

wage costs

63
Q

la concurrence

A

competition

64
Q

concurrence acharnée

A

fierce competition

65
Q

concurrence déloyale

A

unfaire competition

66
Q

vendre à perte

A

to trade at lost

67
Q

un concurrent

A

a competitor

68
Q

compétitif

A

competitive

69
Q

la compétitivité

A

competitiveness

70
Q

être en concurrence avec des travailleurs peu payés

A

to compete with low-paid workers

71
Q

être à la traîne

A

to lag behind

72
Q

rattraper un concurrent

A

to catch up with a competitor

73
Q

se maintenir au même niveau qu’un concurrent

A

to keep up with a competitor

74
Q

une subvention

A

a subsidy

75
Q

subventionner

A

subsidize

76
Q

BRI (Belt and Road Initiative)

A
  • China : launched in 2013
  • Belt = refers to the overland routes for roald an rail transportation
  • Road = sea routes
  • Objective : finance infrastrucutre projets in China’s economic partners so as to boost their growth and increase trading opportunities
  • Some see as a manifestation of China’s imperialist ambitions
77
Q

américanisation

A

americanisation

78
Q

occidentalisation

A

westernization

79
Q

uniformisation

A

standardization

80
Q

exception culturelle = =

A

cultural exception, cultural exemption

81
Q

militant anti-mondialiste = = =

A

antiglobalization activist, protester, antiglobalist

82
Q

altermondialisme

A

alter-globalization

83
Q

démondialisation

A

deglobalization

84
Q

une émeute

A

a riot

85
Q

3 big blows to globalization in a decade

A
  • Trump’s trade wars
  • Pandemic (cross-border flows of capital, good and people almost stopped
  • Invasion of Ukraine is ripping though (dévaster) the world economy

The big picture (2 decks)

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