Preshous Flashcards

Question

How is India an example of expansion of Globalisation in Asia?

Answer 1

Indian TNCs have grown in size and influence Until 2013 foreign retailers could only set up if in partnership with a local Indian business McDonalds is a joint venture between Vikram Bakshi and McDonalds corporation 90% of India’s shops are still family owned

Answer 2

1. China talks to countries about projects 2. China offers to lend money to the countries 3. Chinese companies arrive to carry out the projects, where needed. 4. Chinese companies arrive to carry out the projects, where needed.

Answer 3

The initiative will help China to export and import goods more easily, and create jobs for Chinese workers, and develop western China.

Answer 4

They borrowed $15 billion mainly from China to build a power plant, an airport, a new deep water port (The Port City project) and cricket stadium. (2005-2017) In 2016, Sri Lanka had huge debts, which it could not repay. So it leased to China, for 99 years, a port which China had built for it. The Chinese government now have full control of a strategically located deep water port (The Port City project) in the centre of the Indian Ocean.

Answer 5

Chinese gov now have full control very little employment in construction will go to locals

Answer 6

their expansion leads to the free low of capital, labour, goods and services

Answer 7

when a company does work overseas

Answer 8

When work is contracted out to another company

Answer 9

When a company restyles it's products to suit local tastes

Answer 10

Flows of trade, people, FDI, etc Technologies - internet, mobile phones, etc Movements - air traffic, international trade Media - global advertising, music, TV, news, etc

Answer 11

Some countries left behind Some choose not to become ‘globalised

Answer 12

the port attracts 130,000 vessel calls on average a year reasons for success: strategically located between Asia and Europe - connects 2 of the worlds busiest markets Singapore is a free port and has relatively few import duties top fuel refilling port in the world

Answer 13

strategic narrow passages that connect 2 larger areas to one another

Answer 14

a composite index that measures the degree of globalisation of a country measures: Political engagement i.e a countries participation in internal treaties and orgs technological connectivity i.e no internet users personal contact i.e phone calls

Answer 15

a composite index that measures the degree of globalisation measures: economic globalisation - cross border transactions social globalisation - i.e Mcdonalds Political government - i.e number of foreign embassies in the country

Answer 16

covers 96% of worlds GDP covers 84% of worlds population

Answer 17

Only 64 countries are included in the index not statistically significant

Answer 18

allows comparing degree and changes in globalisation over a large no. countries for more than 30 years calculated using 24 variables

Answer 19

smaller countries seem to be over represented ignores informal economy so could not be accurate

Answer 20

political economic physical environmental cultural

Answer 21

is it a communist dictatorship run by one family who have total control over the population people in N.Korea cannot access the internet has a desire to retain it's culture N.Korea exclusively airs news which has been heavily subjected to scrutiny and censorship

Answer 22

it is landlocked struggles to export goods without their own ports conflicts in neighbouring countries

Answer 23

the movement of manufacturing from Europe and the USA to many Asian countries

Answer 24

the outsourcing of services from Europe and the USA to many Asian countries

Answer 25

the balance between immigration and emigration

Answer 26

a decision influenced by various push and pull factors rather than a simple one-way process. It shows that individuals weigh the pros and cons of moving, considering factors like economic opportunities, family ties, and quality of life.

Answer 27

highly paid skilled migrants

Answer 28

+ preservation and restoration of cultural heritage + cultivation of cultural pride and sense of identity - loss of cultural character - loss of authenticity and meaning of traditional arts and crafts

Answer 29

globalisation is a successful process. cultures will become ever more integrated as economies become more integrated. The world will move towards homogeneous cultures as a result.

Answer 30

cultures are dynamic in their response to globalisation. It is not inevitable that the world will move to a homogeneous culture. All cultures will change but in different ways and new cultures may evolve

Answer 31

globalisation is profound in the core global economies and reflects their interdependence. Beyond this core there is a marginalisation, not destruction of poorer groups

Answer 32

as a country develops, the job sector moves away from primary sector jobs and starts to be come industrial and more secondary and tertiary sector. Eventually a country becomes post-industrial which leads to a rise in quaternary and tertiary sectors.

Answer 33

GNI per capita Life expectancy Mean years of schooling

Answer 34

FRANCE: protective of it's culture and language CHINA: Firewall of china prevents internet users from using BBC or Facebook services

Answer 35

to promote economic prosperity of the countries along the belt and road To strengthen exchanges and mutual learning between different cultures

Answer 36

Traditional Society Preconditions for Take-off Take-off Drive to Maturity Mass Consumption

Answer 37

Argues that a relationship between developed and developing countries is one of dependency This prevents developing countries from making economic progress Neo-colonial mechanisms and a net transfer of wealth from developing to developed world are responsible

Answer 38

the social and economic difference between rich and poor

Answer 39

the distribution of income. it expresses the relationship between the cumulative percentage of households and the cumulative percentage of income

Answer 40

the degree of inequality in the income distribution

Answer 41

equal to the area between the line of perfect income equality and the actual lorenze curve (A) divided by the entire triangular area under the line of perfect income equality (A + B)

Answer 42

Brexit - we are no longer part of the EU US - imposed tariffs on more than $360 bn of Chinese food and China has retaliated with tariffs Trump has announced new import taxes on 25% of cars and car parts coming into the US

Answer 43

The movement and dispersion of people from their homeland

Answer 44

Location: Jumbo creek valley in Western Canada proposal: To build a 4 season mega ski-resort in the heart of the central Purcell mountains Problems: Ktunaxa nation - the area is at the core of their territory Grizzly bear habitats will be fragmented Increased pollution It did not go ahead

Answer 45

promotes financial cooperation and trade between countries. It does this by providing loans to member countries in exchange for lifting trade restrictions

Answer 46

was set up to increase trade and help resolve trade disputes between member countries it sets rules on how countries should trade with each other

Answer 47

Member countries pay a subscription to the bank, which can then loan money to less developed countries

Answer 48

when a country uses tariffs and quotas to limit trade in order to protect their own industries from foreign competition

Answer 49

They encourage countries to join or form trade blocs - this reduces the tariffs placed on goods that are traded internationally They work to make trade legislation more practical for trading nations They also encourage national govs to accept FDI

Answer 50

some think they hold too much power over global flows of capital and goods and act in ways that are unfair to some countries

Answer 51

areas of land, often on the coast, where special economic rules apply, such as low tax rates or tax breaks fro FDI's and the removal of import and export tariffs on goods traded in and out of the zone

Answer 52

Transport communication migration TNC's IGO's

Answer 53

The control of the information and ideas circulated within a society i.e great firewall of china

Answer 54

A type of policy that limits imports from foreign industries and boosts exports i.e Chinas rare earth minerals - used worldwide and are relied upon

Answer 55

limit cultural diffusion different countries have different policies when it comes to migration

Answer 56

a range of political philosophies that prioritise the local

Answer 57

money is spent on local companies - money doesn't leak out of bristol it did not work and was removed from circulation as tourists took it home and there wasn't enough in rotation

Answer 58

a local response to allow globalisation and sustainable development to occur side by side

Answer 59

Totnes, Devon aims to address climate change and peak oil consumption as well as other environmental concerns

Answer 60

Not fully but by stopping migrants, the culture of an area is not changed and therefore globalisation is reduced i.e china is adding high taxes for tourists or people moving to China. This will reduce the effect of globalisation drastically

Answer 61

By restricting access to information and limiting the flow of ideas, censorship can hinder the cultural, social, and political aspects of globalisation. i.e China and North Korea, which have significant internet censorship and restrictions on foreign media

Answer 62

government policies designed to restrict international trade in order to protect domestic industries from foreign competition

Answer 63

In a way yes as it slows down the spread of ideas, technology etc

Answer 64

landlocked countries have limited trade If a country has a harsh climate and so struggles to grow crops, its exports can be limited. E.g. The Sahel region.

Answer 65

if the country is run by a dictator if the government is corrupt or has high levels of organised crime then the FDI will be reduced and a country will become switched off

Answer 66

if they are not part of a trading bloc or is disadvantaged by trading rules then it will be switched off if a country has high levels of government debt then it can't spend money on infrastructure high levels of debt could also lead to other countries not investing there

Answer 67

if a country lacks energy resources to trade or use for manufacturing nations that export a lot of raw materials i.e oil, can suffer from Dutch Disease, where their exports become uncompetitive because their exchange rate has 'appreciated too much'.

Answer 68

if a country has a poorly educated population then TNC's are unlikely to set up production there. if there isn't enough skilled labour then TNC's may not invest in a nation

Preshous Flashcards

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