现代大学英语精读4lesson8GlobalizationsDualPower.pptVIP

3.In some respects, globalization is merely a trendy word for an old process. To some extent, globalization is not new .The world has always been in the process of market Expansion. What is new is the term “globalization”, which became fashionable only recently. Trendy: (infml) modern and unconventional; of the latest fad or fashion 5.Europeans saw economic unification as an antidote to deadly nationalism. Europeans regarded economic unification as a way to prevent nationalism. They knew that what had caused two world wars could cause more if they could not curb this nationalism by turning Europe into a common market first and then organizing it into some kind of political union. This was the vision of a few far –sighted politicians in Europe. Today, after nearly half a century ‘s Herculean effort, this dream is beginning to come true. Antidote: a chemical, esp, a drug, which limits the effects of a poison (fig) a way of preventing or acting against sth bad, e .g. Humor can be an effective antidote to hostility. High interest rates are the only known antidote to a persistent consumer boom.. 7.A decade later, even after Asia ‘s 1997-98 financial crisis, private capital flows dwarf governmental flows. Ten years later, even after Asia ‘s financial crisis of 1997-98,private capital flows are still greater in number than governmental capital flows. To dwarf: to make sth seem small by comparison The new skyscraper will dwarf all those near it. Flow: movement in one direction. esp. continuously and easily, e .g . The flow of traffic /goods /supplies /information 9．The recent takeover struggle between British and German wireless giants is exceptional only for its size and bitterness. The only difference the recent takeover struggle between British and German radio giants and other cases is that this takeover is much bigger and a lot bitterer. Takeover: the act of assuming control or management of 接管；合并 Exceptional: being an exception; uncommon; e