BRICs Flashcards
Who has bought Volvo?
Geely
What have British airways done?
Replaced airbuses with Embraer
What have Apple done?
Outsourced its R&D to China but it still contributes more to US and so we depend this outsourcing but still control quaternary and quinary sectors unless it becomes a continued dependence which is when it becomes an issue
Who has control of the Indian Ocean?
India and China
Who has control of central Asia?
Russia and China
Who are Tata?
Indian company took over British steel
Who is involved in the modern space race?
US(NASA), Europe (ESA), Russia (RRA), India (ISRO), China (CNSA), Japan (JAXA)
Why is China not very likely to be the next superpower?
Suppress creativity so not a threat and they rely on us for leading universities
Why is there a threat to the West?
Loss of jobs (outsourcing)
US’ comp. ad of tertiary high skills has now left the US
US depend on BRICs for cheap products
US beginning to refocus itself on manufacturing and traditional jobs again (highlighted by Trump)
Large dependence on energy resources so whoever has energy calls the shots
Where and when was the BRIC summit?
2008, Yekatekinburg
