To draw the graph of \( y = \frac{1}{3} h(2x) - 4 \):
- Compress the original graph horizontally by a factor of 2.
- Scale the resulting graph vertically by a factor of \(\frac{1}{3}\).
- Shift the resulting graph downward by 4 units.
The final graph will reflect these transformations applied to the original graph of \( y = h(x) \).