conworld quiz bee Flashcards
the metaphor for the global economy
three blind men inspecting an elephant
the increasing interdependence of world economies
economic globalization
the cause of economic globalizations are
• growing scale of cross-border trade
• flow of international capital
• wide and rapid spread of technology
when populated continents began exchanging products
global trade
2 different types of economies associated with economic globalization
• PROTECTIONISM
• TRADE LIBERALIZATION
systematic government intervention in foreign trade.
encouraging domestic production.
preferential treatment to domestic product, discrimination against foreign competitors.
PROTECTIONISM
comes in the form of quotas and tariffs
TRADE LIBERALIZATION
when did trade liberalization started
mercantilist era (16th–17th to early industrial revolution) chorev, 2007
the development of our world through the use of earth’s resources
sustainable development
they have a multifaceted relationship incorporating economic, political, and technological dimensions
globalization and sustainability
it is a global call to action to end poverty, protect earth’s environment and climate, and enjoy peace and prosperity.
Sustainable Development Goals (SDGs)
when did the UN adopted a new global plan of action
september2015
the new global call to action of the UN is
Transforming Our World: The 2030 Agenda for Sustainable Development
how many goals and targets are there in 2030 Agenda
17 goals, 169 targets
what are the aims to 2030 agenda
people-centered and planet-sensitive change