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structures of globalization
93問 • 1年前
  • ユーザ名非公開
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    問題一覧

  • 1

    the mobility of people, capital, technology, goods and services internationally.

    economic globalization

  • 2

    refers to how interdependent different countries and regions have become across the world.

    economic globalization

  • 3

    Countries have rapidly been cutting down trade barriers and opening up their current accounts and capital accounts

    economic globalization

  • 4

    Countries have rapidly been cutting down trade barriers and opening up their current accounts and capital accounts. (group)

    General Agreement on Tariffs and Trade (GATT) and World Trade Organization

  • 5

    economic globalization groups:

    1. General Agreement on Tariffs and Trade (GATT) 2. World Trade Organization 3. European Union 4. North American Free Trade Agreement (NAFTA)

  • 6

    are among the most autarkic self-sufficient and isolated nations on the planet

    Cuba and North Korea

  • 7

    involves agreements between countries that usually include the elimination of trade barriers

    Economic integration

  • 8

    involves agreements between countries that usually include the elimination of trade barriers and aligning monetary and fiscal policies, leading to a more inter- connected global economy.

    Economic integration

  • 9

    are legal measures put into place primarily to protect a nation’s home economy

    trade barriers

  • 10

    They typically reduce the quantity of goods and services that can be imported.

    trade barriers

  • 11

    refers to the interconnectedness of businesses and trading among countries

    economic integration

  • 12

    An economy is defined as a set of inter- related activities that determine how limited resources are allocated.

    economic integration

  • 13

    Agreements between countries that usually include the elimination of trade barriers and aligning monetary and fiscal policies

    economic integration

  • 14

    Factors that affect Economic Globalization:

    1. advancement of science & technologies, 2. flow of goods & capital, 3. economic reforms/policies, market

  • 15

    An agreement under which gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar's value.

    Bretton Woods Agreement

  • 16

    The Bretton Woods Agreement was negotiated in (date) _____ by delegates from ___ countries

    July 1944 44 countries

  • 17

    ____was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.

    The Bretton Woods Agreement

  • 18

    The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the ___(place)

    United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.

  • 19

    ___was the basis for the U.S. dollar

    gold

  • 20

    other currencies were pegged to the ____

    U.S. dollar's value

  • 21

    Approximately ____ delegates representing 44 countries met in Bretton Woods in July 1944

    730

  • 22

    goals of creating an efficient foreign exchange system, preventing competitive devaluations of currencies, and promoting international economic growth

    Bretton Woods Agreement

  • 23

    The Bretton Woods Agreement also created two important organizations:

    1. International Monetary Fund (IMF) 2. World Bank.

  • 24

    policies designed to create economic stability

    Washington Consensus

  • 25

    controlling inflation

    Washington Consensus

  • 26

    reducing government budget deficits.

    Washington Consensus

  • 27

    Many developing countries, especially in Latin America, had suffered hyperinflation during the 1980s.

    Washington consensus

  • 28

    Many developing countries, especially in ____, had suffered ____ during the ____(date)

    Latin America hyperinflation 1980

  • 29

    a set of free market economic policies supported by prominent financial institutions

    Washington consensus

  • 30

    financial institutions:

    1. International Monetary Fund 2. World Bank 3. U.S. Treasury.

  • 31

    ____coined the term Washington Consensus in ___(date)

    John Williamson 1989.

  • 32

    a monetarist approach was recommended

    Washington consensus

  • 33

    government spending would be reduced and interest rates would be raised

    monetarist approach

  • 34

    to reduce the money supply.

    monetarist approach

  • 35

    That involved the lifting of state restrictions on imports and exports and often included the devaluation of the currency.

    2nd stage

  • 36

    to allow market forces to operate freely

    Washington Consensus

  • 37

    removing subsidies and state controls and engaging in a program of privatization.

    Washington Consensus

  • 38

    aid in the improvement of economic interdependence and prosperity of different countries.

    1. Bretton woods system 2. Washington consensus

  • 39

    believes that economic crisis occurs not because of the lack of funds, but instead if it is not used for spending to improve the economy.

    Bretton woods system

  • 40

    believes that the economic crisis will be avoided through less spending of government funds since it reduces the government debts.

    Washington consensus

  • 41

    Financial institutions established by two or more countries subjected to international law

    International Financial Institutions (IFIs)

  • 42

    ___managed by international organizations, governments, institutions who act as shareholders to managed financial system.

    International Financial Institutions (IFIS)

  • 43

    ____are critical development partners to achieve the Sustainable Development Goals (SDGs).

    International Financial Institutions (IFIs), including multilateral, regional and national development banks with international operations

  • 44

    International Financial Institutions (IFIs), including multilateral, regional and national development banks with international operations, are critical development partners to achieve the____

    Sustainable Development Goals (SDGs).

  • 45

    promotes financial stability and monetary cooperation in the world.

    International Monetary Fund (IMF)

  • 46

    ___looks after international trade, promotes employment and sustainable economic growth.

    International Monetary Fund (IMF)

  • 47

    helps reduce global poverty

    International Monetary Fund (IMF)

  • 48

    ___was established in July 1944 at the United Nations Bretton Woods Conference in New Hampshire. United States.

    IMF

  • 49

    Great Economic Depression date

    1930

  • 50

    to ensure stability of the international monetarv system of exchange rates and international pavments that enable the countries and their citizens to transact among themselves

    IMF

  • 51

    was established at the 1944 Bretton Woods Conference along with the IMF.

    World Bank

  • 52

    The World Bank is headquartered in ___

    Washington D.C.

  • 53

    It is an international financial institution responsible for providing loans to the countries for their developmental programs

    World bank

  • 54

    ___is like a cooperative, made up of ___member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank.

    World bank 189

  • 55

    are the ultimate policymakers at the World Bank.

    Board of governors

  • 56

    The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by ___

    board of governors

  • 57

    ____is a multilateral development finance insutution founded in ___ by ___ member governments.

    Asian Development Bank (ADB) 1966 31 members

  • 58

    It was established to promote the social and economic progress of the Asian and Pacitic region.

    Asian Development Bank (ADB)

  • 59

    Over the past 31 years, the Bank's membership has increased to 57, of which, 41 are from within the region and To from ourside the region.

    Asian Development Bank (ADB)

  • 60

    it is responsible to cater to the needs of the smaller or under-developed countries.

    Asian Development Bank (ADB)

  • 61

    It prioritizes the regional, subregional, and national projects and programs

    Asian Development Bank (ADB)

  • 62

    is a preferential tariff arrangement that aims at promoting intra-regional trade through the exchange of mutually agreed concessions by member countries.

    Asia-Pacific Trade Agreement (APTA)

  • 63

    Asia-Pacific Trade Agreement (APTA) aka

    Bangkok Agreement

  • 64

    ___members are Bangladesh, China, India, Republic of Korea, Lao PDR, and Sri Lanka.

    Asia-Pacific Trade Agreement (APTA)

  • 65

    ___has concluded bilateral negotiations on tariff concessions and is to become the seventh member.

    Mongolia

  • 66

    recognizes the special needs of the LDCs (Least Developed Countries) and calls for concrete preferential measures in their favour

    Asia-Pacific Trade Agreement (APTA)

  • 67

    Participating States may grant special concessions to LDC members and commit to giving special consideration for requests from the participating LDCs for technical assistance.

    Asia-Pacific Trade Agreement (APTA)

  • 68

    Rules of origin conditions are also more flexible for the

    LDC

  • 69

    The value addition requirement is 35% compared to 45% for non-LDCs; regional cumulation is allowed with a value addition requirement of 50% compared to 60% for non-LDCs.

    Asia-Pacific Trade Agreement (APTA)

  • 70

    ___engages the foremost political, business, cultural, and other leaders of society to shape the global, regional, and industry agendas.

    World Economic Forum (WEF)

  • 71

    It was established in 1971 as a not-for-profit foundation as an independent, impartial, and not tied to any special interests.

    World Economic Forum (WEF)

  • 72

    World Economic Forum (WEF) established date

    1971

  • 73

    The WEF is headquartered in

    Geneva, Switzerland.

  • 74

    strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.

    World Economic Forum (WEF)

  • 75

    the only global international organization dealing with the rules of trade between the nations.

    World Trade Organization (WTO)

  • 76

    are the heart of the World Trade Organization

    WTO agreements

  • 77

    They are negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments.

    WTO agreements

  • 78

    The goal is to ensure that the trade takes place smoothly, predictably, and as freely as possible.

    World Trade Organization (WTO)

  • 79

    ___is a regional economic forum set up in ___(date) to leverage the growing interdependence of the Asia-Pacific region.

    The Asia-Pacific Economic Cooperation (APEC) 1989

  • 80

    It consists of 21 members.

    Asia-Pacific Economic Cooperation (APEC)

  • 81

    aims to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative, and secure growth by accelerating regional economic integration.

    Asia-Pacific Economic Cooperation (APEC)

  • 82

    ____is used to describe APEC members because the APEC cooperative process is predominantly concerned with the trade and economic issues with members engaging with one another as economic entities.

    Economies

  • 83

    are leading emerging economies and political powers at the regional and international level

    Brazil, Russia, India, China, and South Africa (BRICS)

  • 84

    The acronym was coined in ___ to highlight the exceptional role of important emerging economies and then the acronym included Brazil, Russia, India, and China (BRIC) only.

    2001

  • 85

    It was pointed out that high growth rates, economic potential and demographic development were going to put further in a lead position and it was argued that their increased relevance should also be reflected in their incorporation to the G7.

    • Brazil, Russia, India, China, and South Africa (BRICS)

  • 86

    The four countries themselves started to meet as a group in ____ and it was only in __ that ___was invited to join the group, which was then referred to as BRICS.

    2006 2010 South Africa

  • 87

    A large company that operates in many different countries

    Global Corporations

  • 88

    Global Corporations aka

    Global Company

  • 89

    means all around the world

    global

  • 90

    is coined fiom the base teím 'global', which means all around the woild

    global company

  • 91

    Examples of Global Corporations

    1. Coca-Cola company 2. global companies, such as the Hilton and Hyatt Hotels, Adobe, Cisco, 3M, Monsanto, and Amefican Expíess 3. Facebook and Google (Inteínet Giants)

  • 92

    Internet giants

    Facebook and google

  • 93

    NAFTA

    North American Free Trade Agreement

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    問題一覧

  • 1

    the mobility of people, capital, technology, goods and services internationally.

    economic globalization

  • 2

    refers to how interdependent different countries and regions have become across the world.

    economic globalization

  • 3

    Countries have rapidly been cutting down trade barriers and opening up their current accounts and capital accounts

    economic globalization

  • 4

    Countries have rapidly been cutting down trade barriers and opening up their current accounts and capital accounts. (group)

    General Agreement on Tariffs and Trade (GATT) and World Trade Organization

  • 5

    economic globalization groups:

    1. General Agreement on Tariffs and Trade (GATT) 2. World Trade Organization 3. European Union 4. North American Free Trade Agreement (NAFTA)

  • 6

    are among the most autarkic self-sufficient and isolated nations on the planet

    Cuba and North Korea

  • 7

    involves agreements between countries that usually include the elimination of trade barriers

    Economic integration

  • 8

    involves agreements between countries that usually include the elimination of trade barriers and aligning monetary and fiscal policies, leading to a more inter- connected global economy.

    Economic integration

  • 9

    are legal measures put into place primarily to protect a nation’s home economy

    trade barriers

  • 10

    They typically reduce the quantity of goods and services that can be imported.

    trade barriers

  • 11

    refers to the interconnectedness of businesses and trading among countries

    economic integration

  • 12

    An economy is defined as a set of inter- related activities that determine how limited resources are allocated.

    economic integration

  • 13

    Agreements between countries that usually include the elimination of trade barriers and aligning monetary and fiscal policies

    economic integration

  • 14

    Factors that affect Economic Globalization:

    1. advancement of science & technologies, 2. flow of goods & capital, 3. economic reforms/policies, market

  • 15

    An agreement under which gold was the basis for the U.S. dollar and other currencies were pegged to the U.S. dollar's value.

    Bretton Woods Agreement

  • 16

    The Bretton Woods Agreement was negotiated in (date) _____ by delegates from ___ countries

    July 1944 44 countries

  • 17

    ____was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.

    The Bretton Woods Agreement

  • 18

    The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the ___(place)

    United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire.

  • 19

    ___was the basis for the U.S. dollar

    gold

  • 20

    other currencies were pegged to the ____

    U.S. dollar's value

  • 21

    Approximately ____ delegates representing 44 countries met in Bretton Woods in July 1944

    730

  • 22

    goals of creating an efficient foreign exchange system, preventing competitive devaluations of currencies, and promoting international economic growth

    Bretton Woods Agreement

  • 23

    The Bretton Woods Agreement also created two important organizations:

    1. International Monetary Fund (IMF) 2. World Bank.

  • 24

    policies designed to create economic stability

    Washington Consensus

  • 25

    controlling inflation

    Washington Consensus

  • 26

    reducing government budget deficits.

    Washington Consensus

  • 27

    Many developing countries, especially in Latin America, had suffered hyperinflation during the 1980s.

    Washington consensus

  • 28

    Many developing countries, especially in ____, had suffered ____ during the ____(date)

    Latin America hyperinflation 1980

  • 29

    a set of free market economic policies supported by prominent financial institutions

    Washington consensus

  • 30

    financial institutions:

    1. International Monetary Fund 2. World Bank 3. U.S. Treasury.

  • 31

    ____coined the term Washington Consensus in ___(date)

    John Williamson 1989.

  • 32

    a monetarist approach was recommended

    Washington consensus

  • 33

    government spending would be reduced and interest rates would be raised

    monetarist approach

  • 34

    to reduce the money supply.

    monetarist approach

  • 35

    That involved the lifting of state restrictions on imports and exports and often included the devaluation of the currency.

    2nd stage

  • 36

    to allow market forces to operate freely

    Washington Consensus

  • 37

    removing subsidies and state controls and engaging in a program of privatization.

    Washington Consensus

  • 38

    aid in the improvement of economic interdependence and prosperity of different countries.

    1. Bretton woods system 2. Washington consensus

  • 39

    believes that economic crisis occurs not because of the lack of funds, but instead if it is not used for spending to improve the economy.

    Bretton woods system

  • 40

    believes that the economic crisis will be avoided through less spending of government funds since it reduces the government debts.

    Washington consensus

  • 41

    Financial institutions established by two or more countries subjected to international law

    International Financial Institutions (IFIs)

  • 42

    ___managed by international organizations, governments, institutions who act as shareholders to managed financial system.

    International Financial Institutions (IFIS)

  • 43

    ____are critical development partners to achieve the Sustainable Development Goals (SDGs).

    International Financial Institutions (IFIs), including multilateral, regional and national development banks with international operations

  • 44

    International Financial Institutions (IFIs), including multilateral, regional and national development banks with international operations, are critical development partners to achieve the____

    Sustainable Development Goals (SDGs).

  • 45

    promotes financial stability and monetary cooperation in the world.

    International Monetary Fund (IMF)

  • 46

    ___looks after international trade, promotes employment and sustainable economic growth.

    International Monetary Fund (IMF)

  • 47

    helps reduce global poverty

    International Monetary Fund (IMF)

  • 48

    ___was established in July 1944 at the United Nations Bretton Woods Conference in New Hampshire. United States.

    IMF

  • 49

    Great Economic Depression date

    1930

  • 50

    to ensure stability of the international monetarv system of exchange rates and international pavments that enable the countries and their citizens to transact among themselves

    IMF

  • 51

    was established at the 1944 Bretton Woods Conference along with the IMF.

    World Bank

  • 52

    The World Bank is headquartered in ___

    Washington D.C.

  • 53

    It is an international financial institution responsible for providing loans to the countries for their developmental programs

    World bank

  • 54

    ___is like a cooperative, made up of ___member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank.

    World bank 189

  • 55

    are the ultimate policymakers at the World Bank.

    Board of governors

  • 56

    The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by ___

    board of governors

  • 57

    ____is a multilateral development finance insutution founded in ___ by ___ member governments.

    Asian Development Bank (ADB) 1966 31 members

  • 58

    It was established to promote the social and economic progress of the Asian and Pacitic region.

    Asian Development Bank (ADB)

  • 59

    Over the past 31 years, the Bank's membership has increased to 57, of which, 41 are from within the region and To from ourside the region.

    Asian Development Bank (ADB)

  • 60

    it is responsible to cater to the needs of the smaller or under-developed countries.

    Asian Development Bank (ADB)

  • 61

    It prioritizes the regional, subregional, and national projects and programs

    Asian Development Bank (ADB)

  • 62

    is a preferential tariff arrangement that aims at promoting intra-regional trade through the exchange of mutually agreed concessions by member countries.

    Asia-Pacific Trade Agreement (APTA)

  • 63

    Asia-Pacific Trade Agreement (APTA) aka

    Bangkok Agreement

  • 64

    ___members are Bangladesh, China, India, Republic of Korea, Lao PDR, and Sri Lanka.

    Asia-Pacific Trade Agreement (APTA)

  • 65

    ___has concluded bilateral negotiations on tariff concessions and is to become the seventh member.

    Mongolia

  • 66

    recognizes the special needs of the LDCs (Least Developed Countries) and calls for concrete preferential measures in their favour

    Asia-Pacific Trade Agreement (APTA)

  • 67

    Participating States may grant special concessions to LDC members and commit to giving special consideration for requests from the participating LDCs for technical assistance.

    Asia-Pacific Trade Agreement (APTA)

  • 68

    Rules of origin conditions are also more flexible for the

    LDC

  • 69

    The value addition requirement is 35% compared to 45% for non-LDCs; regional cumulation is allowed with a value addition requirement of 50% compared to 60% for non-LDCs.

    Asia-Pacific Trade Agreement (APTA)

  • 70

    ___engages the foremost political, business, cultural, and other leaders of society to shape the global, regional, and industry agendas.

    World Economic Forum (WEF)

  • 71

    It was established in 1971 as a not-for-profit foundation as an independent, impartial, and not tied to any special interests.

    World Economic Forum (WEF)

  • 72

    World Economic Forum (WEF) established date

    1971

  • 73

    The WEF is headquartered in

    Geneva, Switzerland.

  • 74

    strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.

    World Economic Forum (WEF)

  • 75

    the only global international organization dealing with the rules of trade between the nations.

    World Trade Organization (WTO)

  • 76

    are the heart of the World Trade Organization

    WTO agreements

  • 77

    They are negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments.

    WTO agreements

  • 78

    The goal is to ensure that the trade takes place smoothly, predictably, and as freely as possible.

    World Trade Organization (WTO)

  • 79

    ___is a regional economic forum set up in ___(date) to leverage the growing interdependence of the Asia-Pacific region.

    The Asia-Pacific Economic Cooperation (APEC) 1989

  • 80

    It consists of 21 members.

    Asia-Pacific Economic Cooperation (APEC)

  • 81

    aims to create greater prosperity for the people of the region by promoting balanced, inclusive, sustainable, innovative, and secure growth by accelerating regional economic integration.

    Asia-Pacific Economic Cooperation (APEC)

  • 82

    ____is used to describe APEC members because the APEC cooperative process is predominantly concerned with the trade and economic issues with members engaging with one another as economic entities.

    Economies

  • 83

    are leading emerging economies and political powers at the regional and international level

    Brazil, Russia, India, China, and South Africa (BRICS)

  • 84

    The acronym was coined in ___ to highlight the exceptional role of important emerging economies and then the acronym included Brazil, Russia, India, and China (BRIC) only.

    2001

  • 85

    It was pointed out that high growth rates, economic potential and demographic development were going to put further in a lead position and it was argued that their increased relevance should also be reflected in their incorporation to the G7.

    • Brazil, Russia, India, China, and South Africa (BRICS)

  • 86

    The four countries themselves started to meet as a group in ____ and it was only in __ that ___was invited to join the group, which was then referred to as BRICS.

    2006 2010 South Africa

  • 87

    A large company that operates in many different countries

    Global Corporations

  • 88

    Global Corporations aka

    Global Company

  • 89

    means all around the world

    global

  • 90

    is coined fiom the base teím 'global', which means all around the woild

    global company

  • 91

    Examples of Global Corporations

    1. Coca-Cola company 2. global companies, such as the Hilton and Hyatt Hotels, Adobe, Cisco, 3M, Monsanto, and Amefican Expíess 3. Facebook and Google (Inteínet Giants)

  • 92

    Internet giants

    Facebook and google

  • 93

    NAFTA

    North American Free Trade Agreement