LESSON 2

To further understand the metaphor and theory of globalization, please read this article and then
answer the questions below. Write your answers on a yellow paper. Follow the format in submitting an
output.

VIRUS UPDATES

Read the latest business news and analysis about the coronavirus outbreak.

LONDON — Well, before a deadly virus began spreading across multiple borders, a world
defined by deepening interconnection appeared to be reassessing the merits of globalization.
The United States, led by the unabashed nationalist Donald J. Trump, was ordered
ed

Multinational companies to abandon China and make their goods in American factories.
Britain was forsaking the European Union, almost certainly reviving customs checks on both
sides of the English Channel, while threatening to disrupt a vital trading relationship. A surge
of refugees fleeing some of the most dangerous places on earth — Syria, Afghanistan,
Central America — had produced a backlash against immigration in many developed
countries. In Europe, it elevated the stature of extreme right-wing parties that were winning
votes with promises to slam the gates shut. President Trump was pursuing the construction
of a wall running along the border with Mexico while seeking to bar Muslims from entering the
country.
LESSON 2

The coronavirus that has seeped out of China, insinuating into at least 81 countries while
killing more than 3,200 people, has effectively accelerated and intensified the pushback to
global connection.
It has sown chaos in the global supply chain that links factories across borders and oceans,
enabling plants that produce finished products to draw parts, components, and raw materials
from around the world. Many companies are now seeking alternative suppliers in countries
that appear less vulnerable to disruption.
The epidemic has supplied Europe's right-wing parties a fresh opportunity to sound the alarm
about open borders. It has confined millions of people to their communities and even inside
their homes, giving them time to ponder whether globalization was such a great idea.
“It reinforces all the fears about open borders,” said Ian Goldin, a professor of globalization
and development at Oxford University and an author of a 2014 book that anticipated a
backlash to liberalism via a pandemic, “The Butterfly Defect: How Globalization Creates
Systemic Risks, and What to Do About It.” “In North America and Europe, there is a
recalibration, a wanting to engage on a more selective basis,” he said.

Activity No. 2

1. Which statements in the article speak about solidity, liquidity, structure, and flow?
Explain your answers. (10 pts.)

2. How does globalization, with this pandemic, affect you daily? (10 pts.)