Chapter 13-14 Flashcards
A philosophy which regards the entire world as one giant community that should be unified politically and economically
Globalism
One of the most prominent global bodies
United Nations (UN)
Agency of the UN that meet at least once a year to discuss international problems and each member, regardless of its size, has to vote
General Assembly
The general assembly makes recommendation to this agency which currently has five permanent and ten elected-member countries
Security Council
The duties of this agency is to study economic and social problems and to make recommendation to the General Assembly, individual nations, and the UN’s specialized agencies.
Economic and Social Council
First established at the end of WWII to lend money to Japan and the countries of Wester Europe. Now it transformed into a type of international welfare agency that lends funds to some of the world’s poorest governments.
World Bank
The two institutions of the World Bank
International Bank for Reconstruction and Development (IBRD)
International Monetary Fund (IMF)
In what year was the conference in Yalta?
1945
Institution of the World Bank that focuses on the world’s poorest countries
International Bank for Reconstruction and Development (IBRD)
Special agency linked to the UN created at the same time as the World Bank
International Monetary Fund (IMF)
Not an UN agency but cooperates with it. Is hailed as the only global body dealing with the trade rules that have been stablished among the world’s countries.
World Trade Organization (WTO)
World’s international trade was guided by this agency regulations
General Agreement on Tariffs and Trade (GATT)
This agreement called for the elimination of tariffs and other trade restrictions that existed between these countries to encourage free trade
North American Free Trade Agreement (NAFTA)
Close alliance of countries of Western Europe ; modern descendant of an organization originally established to encourage free trade
European Union (EU)
Multinational currency which was expected to quickly replace national currencies such as the German mark and the French franc and to facilitate freer trade within the union
Euro
The exclusive power of an independent state to rule and regulate internal affairs without foreign interference
National sovereignty
Those agreements that involve more than two nations
Multilateral agreements
Agreements that affect only the two parties that make them
Bilateral trade
The United States should work to obtain free trade the traditional way
Negotiating with one nation at a time
Its said by the globalists that the Industrial Advance Countries (IAC’s) have the moral obligation to aid the…
Less Developed Countries (LDC’s)
The belief that the general temperature of the earth and its oceans is being warmed due to pollution and greenhouse gases
Global warming
One way of reducing global warming designed to require nations to buy allowances of “carbon credits” to decrease CO2 and reduce greenhouse emissions.
Kyoto Protocol
Prophet of Doom, published Essay on the Principle pf Population as It Affects the Future Improvement of Society
Thomas Robert Malthus
The trait of doing quality work in an efficient manner
Industriousness
