A-Level Geography: Superpowers EQ3 Flashcards
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
Why is the Artic a contested region?
- The USGS estimates that the Artic contains one-eighth of the world’s untapped oil and a quarter of its gas.
- Melting sea ice allows for shipping routes over the ‘top of the world.’
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What is the recent reasons for the increasing political and military tension?
- The increased accessibility of mineral wealth beneath the Artic and new trade routes from the thawing ice.
- Countries filing claims to the UN Convention on the law of the sea about rights to land being an extension of a countries continental shelf. However, most of these claims overlap.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What was the Artic supposed to be under international law until the recent claims over it?
Under international law, the high seas including the North Pole and the region of the Arctic Ocean surrounding it, are not owned by any country. The five surrounding Arctic countries are limited to an exclusive economic zone (EEZ) of 200 nautical miles adjacent to their coasts.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What does Artic drilling for oil depend on?
High global oil prices. This is because the cost of production in the Artic is expensive.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
How has the melting sea ice allowed for shipping over the ‘top of the world?’
In 2014, 71 Cargo ships sailed these passages compared to the 46 in 2012.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
Why is intellectual property hard to protect?
Increasing counterfeiting and the difficult classification of and individual idea - how different does an invention have to be to be considered ‘new’?
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
Why is patenting important to TNCs?
- Patenting is important for TNCs, since having a unique selling point is crucial for profits.
- Large amounts of money are paid in legal fees each year by TNCs trying to stop other companies using their ideas. e.g. in May 2018 Korean company Samsung was ordered to pay $539m to the American company Apple after a US court agreed they had copied patented features from the iPhone.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What is real example of patenting in the mobile phone market?
In May 2018 Korean company Samsung was ordered to pay $539m to the American company Apple after a US court agreed they had copied patented features from the iPhone.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What is patenting?
A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What is Bangkok’s Patpong district known for?
Fake and illegal clothes, watches. luggage, jewelry, DVDs and software.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What could a fake pair of Birkenstocks be priced at?
They could cost around 200 baht a pair (£3.50).
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
Why is faking brands illegal?
Illegal and constitutes an international crime against intellectual property rights (IPR) under WTO rules.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What does Trade-Related Aspects of Intellectual Property Rights (TRIPS) imply for WTO members?
WTO members guarantee copyright protection covering everything from performance rights and designs and trademarks, to confidential information.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
What does protecting patents imply?
It implies that new innovations cannot be copied or pirated.
7.7 Global influence is contested in a number of different economic, environmental and political spheres.
How does counterfeiting strain trade relations?
It threatens TNC investment since it fails to guarantee trading partner’s goods to not be undercut by counterfeits.