June 2012
Beginner
272 pages
7h 43m
English
Most people take it for granted that the suit or dress they buy at the local mall was probably designed in one country and sewn in a second, using fabric woven in a third from thread spun in a fourth. And if they happen to be shopping in a foreign country, they think nothing of paying for their purchases with a credit card issued by their hometown bank. They might even use an automatic teller machine to dip into their home checking account for walking-around cash in the local currency.
The movement of money across borders represents the first wave of globalization; the global movement of goods, the second. And, notwithstanding misgivings about job losses at home and the exploitation of workers in developing ...