Pre-Impressions
I cannot wait to visit Brugge and see all the old, historical buildings that are located there. While some of the cities that we have visited have buildings that were rebuilt after being destroyed during the war, most, if not all, of the buildings in Brugge are original. After seeing the film "In Bruges," I am looking forward to seeing the city square and hopefully being able to climb up in the tower overlooking the square. I am excited to see the canals that wind throughout the city, and to learn more about its history and historical buildings while on the city tour.
Post-Impressions
I had a great time visiting Brugge and seeing all of the old buildings and canals. I am really glad that we were able to see some of the more famous sites in Brugge, such as the Belfry and the Basilica with the blood of Jesus inside. We also walked inside the Beguinage and saw where the Beguines live. The only disappointing thing about Brugge was that it was very crowded there with tourists. This made the experience a little less enjoyable, but overall I still really enjoyed our visit to Brugge. Prior to visiting Brugge, we learned about its history from a presentation in class. We learned that its port was involved in international trade since it is connected to many other ports. Brugge was pretty powerful in the 14th century, but this power declined in the 15th century until the 19th century, when it was the poorest city in Belgium. Now, Brugge is a popular tourist destination where people come to see its medieval buildings.
Banking and the stock exchange are two important institutions found in Brugge, that also play a large role in world trade. Banking in general, and in particular, the World Bank, is significant in world trade. The World Bank helps to restructure the economies of member countries.The World Bank promotes globalization and world trade and "sees globalization as an opportunity to reach global solutions to national challenges" (Gaspar Chapter 1). Stock exchanges are also important to world trade because people from different countries can trade on a stock exchange in a particular country. There are also stock exchanges in many different countries, which makes them more global. A letter of credit is "a payment protection to both exporters and importers, as the importer's bank writes a guarantee of credit" (Gaspar). Hedging is defined as "using currency derivatives to reduce potential transaction, translation, and economic risks of currency movements that could lead to losses for a firm or investor" (Gaspar). Both letters of credit and hedging are used to reduce the financial risks involved with trading on stock exchanges or doing business internationally.
http://www.visitflanders.us/discover/cities/bruges/bruges_history/
I cannot wait to visit Brugge and see all the old, historical buildings that are located there. While some of the cities that we have visited have buildings that were rebuilt after being destroyed during the war, most, if not all, of the buildings in Brugge are original. After seeing the film "In Bruges," I am looking forward to seeing the city square and hopefully being able to climb up in the tower overlooking the square. I am excited to see the canals that wind throughout the city, and to learn more about its history and historical buildings while on the city tour.
Post-Impressions
I had a great time visiting Brugge and seeing all of the old buildings and canals. I am really glad that we were able to see some of the more famous sites in Brugge, such as the Belfry and the Basilica with the blood of Jesus inside. We also walked inside the Beguinage and saw where the Beguines live. The only disappointing thing about Brugge was that it was very crowded there with tourists. This made the experience a little less enjoyable, but overall I still really enjoyed our visit to Brugge. Prior to visiting Brugge, we learned about its history from a presentation in class. We learned that its port was involved in international trade since it is connected to many other ports. Brugge was pretty powerful in the 14th century, but this power declined in the 15th century until the 19th century, when it was the poorest city in Belgium. Now, Brugge is a popular tourist destination where people come to see its medieval buildings.
Banking and the stock exchange are two important institutions found in Brugge, that also play a large role in world trade. Banking in general, and in particular, the World Bank, is significant in world trade. The World Bank helps to restructure the economies of member countries.The World Bank promotes globalization and world trade and "sees globalization as an opportunity to reach global solutions to national challenges" (Gaspar Chapter 1). Stock exchanges are also important to world trade because people from different countries can trade on a stock exchange in a particular country. There are also stock exchanges in many different countries, which makes them more global. A letter of credit is "a payment protection to both exporters and importers, as the importer's bank writes a guarantee of credit" (Gaspar). Hedging is defined as "using currency derivatives to reduce potential transaction, translation, and economic risks of currency movements that could lead to losses for a firm or investor" (Gaspar). Both letters of credit and hedging are used to reduce the financial risks involved with trading on stock exchanges or doing business internationally.
http://www.visitflanders.us/discover/cities/bruges/bruges_history/