Globalisation EQ1 Flashcards

lesson 6 (51 cards)

1
Q

What term is used to describe nations becoming more integrated

A

globalisation

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2
Q

what is the flow of money between people called

A

capital

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3
Q

what term means the success of one place depends on the success of other places

A

interdependence

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4
Q

What has made ship transportation of goods efficient

A

containerisation

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5
Q

What term describes how we feel the decreasing size of the world

A

space-time compression

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6
Q

What is an online store called

A

e-tailer

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7
Q

what is getting resources locally called

A

local sourcing

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8
Q

what is the political philosophy which prioritises local over others called

A

localism

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9
Q

What countries does the IMF give money to

A

poorest

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10
Q

How do countries get aid from IMF

A

applying

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11
Q

What must countries go through to afford to pay back the loan

A

SAP

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12
Q

what does SAP stand for

A

Structural adjustment programmes

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13
Q

What are SAPs

A

strict conditions imposed

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14
Q

What did Tanzania cut as a condition of debt relief

A

water to shanty towns

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15
Q

What is it called when a country restricts trade with foreign nations

A

protectionism

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16
Q

Why does the World Bank give loans

A

finance development

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17
Q

What does the World Trade Organisation do

A

supervises international trade

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18
Q

what is an intergovernmental agreement where trade barriers are reduced

A

trade bloc

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19
Q

What trade bloc includes USA Mexico and Canada

A

USMCA

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20
Q

What trade bloc includes central american countries

A

CAIS

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21
Q

What trade bloc includes south American countries

22
Q

What trade bloc includes West African countries

23
Q

What trade bloc includes post soviet states across Europe and Asia

24
Q

what was the name for the EU protecting the textile industry from China in 2007

25
What did USMCA remove between nations
trade barriers
26
What did USMCA make mexican companies adopt
higher standards
27
How many jobs has USMCA created since 1994
1 million
28
What % of its exports is Mexico dependent on the USA for
88%
29
Who took over UK's Cadbury in 2010
US's Kraft
30
When did Fender create an offshored plant in Mexico
1987
31
What foreign merger has headquarters in both the UK and the Netherlands
Royal Dutch Shell
32
How many more customers did Tesco gain after it joined the EU in 2004
75 million
33
When did Deng Xiaoping introduce the "Open Door Policy"
1978
34
When SEZ was created in China in 1980
Shenzhen Special Economic Zone
35
When did China join the world trade organisation
2001
36
China's exports went from $2 billion in 1980 to how much in 2000
$200 billion
37
How much was China receiving in FDI per year by 2006
$60 billion
38
How much taxes do SEZs have
lower
39
What index measures the extent to which countries are linked to each other
KOF Globalisation index
40
What index measures cities off their quality of global connections
AT Kearney Global Cities index
41
What companies were sold to Indian TNC Tata Motors in 2008
Jaguar Land Rover
42
Who did Jaguar Land Rover establish a joint partnership with in 2012
Chery Automobile Company
43
How many employees worldwide does Jaguar Land Rover have
44,000
44
How many animal feed mills has Cargill built in Vietnam since 1995
9
45
How many schools has Cargill built for local children in Vietnam
90
46
What are regions which are strongly connected to other places calld
switched on
47
what are regions with are poorly connected called
switched off
48
What is wealth that has been gained through oil called
petrodollar
49
What is the most isolated country in the world
North Korea
50
Who built the TanZam railway in Zambia
China
51
What does the TanZam rail move from Zamiba to Tanzanian coast
copper