globalization 2nd part

35問 • 1年前

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通報

問題一覧

global economy AKA

world economy

the International exchange of goods and services

global economy

the free movement of goods, capital, services, technology and information

global economy

drivers of global economy:

1. Economic 2. Economic integration

What is happening in the Global Economy

economic

A situation where countries trade with many other countries and where trade barriers are being lessen to let countries free from restrictions on the flow of goods and services.

economic

an arrangement among nations to work together to come up with policies that would eliminate trade barriers and a common goal to strengthen trade and for the coordination of monetary and fiscal policies.

economic integration

factors of economic integration:

1. regional integration 2. Trade liberalization 3. Foreign direct investments

history of economic integration:

1. Barter system 2. Mercantilism 3. industrial revolution

Exchange of goods and services between 2 or more parties without the use of money

barter system

nation’s wealth and power come from increasing exports and trade

mercantilism

factory system that lead to mass production in a faster and easy way

Industrial Revolution

key players of economic globalization:

1. international 2. large manufacturing

types of economy in global economy

1. Protectionism 2. Trade

Protecting one’s economy from foreign competition by creating trade barriers

protectionism

Reducing trade barriers to make international trade easier between countries

trade

Protective barriers measure:

1. Tariff 2. Quota 3. Non tariff barriers

Tax on imported goods

tariff

Assigned or fixed number or quantity of imported goods

quota

domestic laws implemented to protect local or infant industries against foreign businesses.

non-tariff barriers

It occurs when prices among prices among different locations of related goods follow similar patterns over a long period of time.

market integration

Group of goods often move proportionally to each other and when this relation is very clear among different markets

market integration

It is chartered by more than one country and therefore are subjects to international law

International Financial Institution (IFI’s)

It's owners or shareholders are generally national goverments, although other international institutions and other organizations occasionally figure as shareholders.

International Financial Institution (IFI’s)

were established to assist and offer various ways and strategies to countries for economic cooperation particularly for global financial system management.

International Financial Institutions

It focused on trade goods through multinational trade agreements conducted in many rounds of negotiations.

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) - 1947,

forum for the meeting of representatives from 23 member states.

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) - 1947,

is an independent multilateral organization that became responsible for trade in services, nontariff-related barriers to trade

world trade organization

HISTORY OF MARKET INTEGRATION:

1. AGRICULTURAL REVOLUTION 2. INDUSTRIAL REVOLUTION 3. Information revolution

invention of steam engine

Industrial Revolution

EGONOMIC MODELS DURING THE INDUSTRIAL REVOLUTION:

1. Capitalism 2. Socialism

all natural resources and means of production are privately owned

capitalism

means of production are under collective ownership

socialism

property is owned by the government and given to all of people not just wealthy individuals

socialism

based on services and production of ideas rather than goods

information revolution

MATH finals Module 8 Quantifiers and Negations

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MATH finals Module 8 Quantifiers and Negations

7問 • 1年前

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STS prelim module 1 (ancient) part 1

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STS prelim module 1 (ancient) part 1

100問 • 1年前

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STS prelim module 1 (ancient) part 2

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STS prelim module 1 (ancient) part 2

26問 • 1年前

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STS prelim module 1 (medieval)

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STS prelim module 1 (medieval)

6問 • 1年前

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STS prelim module 1 (modern)

ユーザ名非公開 · 20問 · 1年前

STS prelim module 1 (modern)

STS prelim phil

STS prelim phil

Contemp Module 1 Prelim

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Contemp Module 1 Prelim

Lesson 1 Part 1

Lesson 1 Part 1

Lesson 1 Part 2

Lesson 1 Part 2

lesson2

lesson2

environmental factors

ユーザ名非公開 · 5問 · 1年前

environmental factors

5問 • 1年前

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organizational factor

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organizational factor

M1 Lesson 1

M1 Lesson 1

M1 Lesson 2 Functions of Art

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M1 Lesson 2 Functions of Art

Yunit 2

Yunit 2

retorika intro

retorika intro

Module 1

Module 1

Ancient World

Ancient World

medieval/middle age

medieval/middle age

問題一覧

global economy AKA

world economy

the International exchange of goods and services

global economy

the free movement of goods, capital, services, technology and information

global economy

drivers of global economy:

1. Economic 2. Economic integration

What is happening in the Global Economy

economic

A situation where countries trade with many other countries and where trade barriers are being lessen to let countries free from restrictions on the flow of goods and services.

economic

economic integration

factors of economic integration:

1. regional integration 2. Trade liberalization 3. Foreign direct investments

history of economic integration:

1. Barter system 2. Mercantilism 3. industrial revolution

Exchange of goods and services between 2 or more parties without the use of money

barter system

nation’s wealth and power come from increasing exports and trade

mercantilism

factory system that lead to mass production in a faster and easy way

Industrial Revolution

key players of economic globalization:

1. international 2. large manufacturing

types of economy in global economy

1. Protectionism 2. Trade

Protecting one’s economy from foreign competition by creating trade barriers

protectionism

Reducing trade barriers to make international trade easier between countries

trade

Protective barriers measure:

1. Tariff 2. Quota 3. Non tariff barriers

Tax on imported goods

tariff

Assigned or fixed number or quantity of imported goods

quota

domestic laws implemented to protect local or infant industries against foreign businesses.

non-tariff barriers

It occurs when prices among prices among different locations of related goods follow similar patterns over a long period of time.

market integration

Group of goods often move proportionally to each other and when this relation is very clear among different markets

market integration

It is chartered by more than one country and therefore are subjects to international law

International Financial Institution (IFI’s)

It's owners or shareholders are generally national goverments, although other international institutions and other organizations occasionally figure as shareholders.

International Financial Institution (IFI’s)

were established to assist and offer various ways and strategies to countries for economic cooperation particularly for global financial system management.

International Financial Institutions

It focused on trade goods through multinational trade agreements conducted in many rounds of negotiations.

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) - 1947,

forum for the meeting of representatives from 23 member states.

GENERAL AGREEMENT ON TARIFFS AND TRADE (GATT) - 1947,

is an independent multilateral organization that became responsible for trade in services, nontariff-related barriers to trade

world trade organization

HISTORY OF MARKET INTEGRATION:

1. AGRICULTURAL REVOLUTION 2. INDUSTRIAL REVOLUTION 3. Information revolution

invention of steam engine

Industrial Revolution

EGONOMIC MODELS DURING THE INDUSTRIAL REVOLUTION:

1. Capitalism 2. Socialism

all natural resources and means of production are privately owned

capitalism

means of production are under collective ownership

socialism

property is owned by the government and given to all of people not just wealthy individuals

socialism

based on services and production of ideas rather than goods

information revolution