chapter 11 Flashcards

1
Q

Principle of least effort

A

considered a guiding principle in human activities; for human geographers, refers to minimizing distances and related movements

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2
Q

Time-space convergence

A

a decreasing in the friction of distance between locations as a result of improvements in transportation and communication technologies

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3
Q

Innovations

A

introduction of new inventions or ideas, especially ones that lead to change in human behaviour or production processes

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4
Q

Three processes characterize the evolution of transportation systems;

A
  1. Intensification: the filling of space
  2. Diffusion: spread across space
  3. Articulation: the development of more efficient spatial structures
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5
Q

Water Transportation

A

Advantages; inexpensive, good over long distance because it offers minimal resistance to movement and waterways are often available to use at no charge
Disadvantages; slow, longer than the most direct way (circuitous), not all locations are accessible by water, topographic features, like variation in relief, or weather conditions, like freezing temperature, landlocked (country with no access to water)

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6
Q

Railway Transportation

A

Advantages; second-least expensive form of transportation, are suitable for moving bulk materials when waterways are not available
Disadvantages; local topography makes railway construction (and maintenance) expensive, if not impossible

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7
Q

Road Transportation

A

Advantages; are less expensive to build than railways, are often favoured in regional planning and related schemes, most of the internal movement, bridges often reduces road distances, Can accepte multiple form of transportation
Disadvantage; traffic

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8
Q

Air Transportation

A

Advantages; it is rapid and is usually favoured for small-bulk (great size), rapid technologie change and political influence, tourist development
Disadvantage: most expensive method, damaged to environment

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9
Q

Containerization

A

Shipping containers, the important role played by containers in facilitating economic globalization is difficult to overstate
Advantages; reduced transportation costs

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10
Q

key factor promoting and reflecting globalization

A

Technology and organizational advances in transportation

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11
Q

One specific consequence of such advances (Technology and organizational advances in transportation) on trade

A

trade has become an increasingly important part of the global economy

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12
Q

Trade is highly vulnerable to what

A

the friction of distance

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13
Q

unequal exchange

A

the former export goods to the latter at prices above their value, while the latter export goods to the former at prices below their values

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14
Q

world trade organization

A
  • reduce trade barriers
  • reduce trade competition
  • open countries to Foreign Direct Investment (FDI)
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15
Q

Tariff

A

a tax or customs duty imposed on imports from other countries

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16
Q

3 others variables of trades

A
  1. The specific resource base of a given area (needed materials are imported and surplus materials exported)
  2. The size and quality of the labour force (a country with a small labour force but plentiful resources is likely to produce and export raw materials (kills and training))
  3. The amount of capital in a country (higher capital prompts export of high-quality, high-value goods)
17
Q

transnational corporations TNCs

A

multinational corporation that take advantage of variation in factors such as land costs and labor costs

18
Q

Foreign direct investment (FDI)

A

Direct investment by a government or transnational/multinational corporation in another country, often in the form of a manufacturing of processing plant

19
Q

International division of labour

A

the current tendency for high-wage and high-skill employment opportunities, often in the service sector, to be located in the more developed world, while low-wage and low skill employment opportunities, often in the manufacturing and processing sectors, are located in the less developed world

20
Q

The most important technologies to economic globalization

A

media; almost instantaneous transmission of information regardless of distance, Created a digital divide, technologie division between more developed countries and less developed countries

21
Q

Economic internationalization;

A

is the process of increasing involvement of enterprises in international markets

began with the development first of empires and then of economic links - particularly through the movement of capital and goods - between colonial powers and their colonies

22
Q

The Bretton Woods Agreement

A

post 2nd world war, 1944; help rebuild europe and stabilize the world economy to avoid future disaster

23
Q

what are the 3 institutions the bretton woods agreement created

A
  1. International Monetary Fund (IMF); emergency loans, financing and investing in less develop countries, precautionary loans, short term loan to country struggling
  2. International Bank For Reconstruction and Development (IBRD), (now the world bank); provide development assistance to Europe after the war
  3. General Agreement on Tariffs and Trade/world Trade Organization/ now the World Trade Organization; rules to govern global trade
24
Q

1973 - oil crisis

A

1) oil prices skyrocket; hit poor countries the most
2) OPEC becomes awash in foreign currency (US$); loaned to poor countries with world bank and IMF

25
Q

New International Division of Labour (NIDL)

A

the core regions can now use debts as the way to access cheap resources and cheap labour as part of the NIDL
-structural adjustment policies (SAPs) become the new form of colonialism
-neo-colonialism; the informal political and economic domination of less developed countries by wealthy nations, focused on comparative advantage

26
Q

Old International Division of Labour

A

created b/c of a need for was materials, labor, slave, new markets

Two major groups of countries; core (were we manufactured but things started to change) and periphery

27
Q

focusses of New International Division of Labour (NIDL)

A

cheap labour

28
Q

comparative advantage

A

do one thing better than any other countries

29
Q

export trade are driven by who

A

multinationals who manipulate governement

30
Q

primary commodities of commodity dependence trap

A

agricultural production, minerals, forestry

31
Q

3 problems with commodity dependence trap

A
  1. Low prices for exports compared with imports e.g. bananas vs. Oil
  2. Fluctuating prices - discourage investment from outside the country
  3. Increased competition from other countries drives down prices and therefore income
32
Q

solutions to commodity dependence trap

A
  1. Raise prices for your exports: reduce competition by creating Cartels?, doesn’t work very well as a solution
  2. Create a New International Economic Order (NIEO): indexing , development assistance, lower tariffs on exports, requires huge political will of the western countries
  3. Import substitution: produce, process and sell goods locally instead of importing the, trade is needed
33
Q

three aspects of globalization

A
  1. Global integration; economic, social, environmental, communication and transport technologies
  2. Global governance; the creation of supra-national bodies, more power than the country itself, like UN, WTO, G-8, OPEC’ NAFTA’ EU, etc
  3. Global inequality; growing gap between the rich and the poor
34
Q

five step for integration in a trade blocs

A
  1. Free trade area; consisting of a group of states that have agreed to remove artificial Barries, to allow movement and trade among themselves
  2. The creation of a customs union, impose a common tariff barrier on goods for other states
  3. A common market has all the characteristics of a customs union and allows the factors of production, such as capital and labour, to flow freely among member states. Member also adopt a common trade policy toward non-member states
  4. An economic union is a form of international economic integration that includes a common market and harmonization of certain economic policies, such as currency controls and tax policies
  5. Have common social policies and some supranational body is established with authority over all
35
Q

pro-globalization, hyperglobalist perspective

A

thomas friedman, contemporary international capitalism, globalization is intensifying, borderless world and perfect markets

36
Q

anti-globalization, skeptic view

A

john ralston saul, not a natural phenomenom, increasing inequality and polarization, increased regionalism, regimalization, imperfect market

37
Q

alter globalization, transformationalist view

A

pankaj ghemawast, we live in a world of semi-globalization, unprecedented interconnectedness, globalization is real and requires regulation to optimize it

38
Q

opposing globalization

A

unequal process favouring core, favours export over local sustainable economies, damages natural envir

39
Q

supporting globalization

A

reduce poverty, may promote democracy rights, increase food supply, education, human rights, gender issues, increases participation of more countries in decision-making process