EQ1

Question 1

What are the 4 types of globalisation?

Answer 1

• economic
• political
• cultural
• social

Question 2

What is Interdependence?

Answer 2

The reliance countries have on each other

Question 3

Examples of advancements in the 19th and 20th centuries

Answer 3

• Steam Power
• Jet engines
• Containerisation
• Telegraph

Question 4

How many containers are moved each year?

Answer 4

200 million

Question 5

When were telegraph cables under the Atlantic laid?

Answer 5

1860s

Question 6

Examples of advancements made in the 21st century

Answer 6

• Mobile phones
  -Broadband
• Fibre Optics
• GPS
• Internet

Question 7

How much did EasyJets passenger numbers increase by from 199-2000?

Answer 7

1996 - 30,000
2000 - 6 million

Question 8

What is EasyJet’s revenue?

Answer 8

£4 billion

Question 9

How many passengers does Easy Jet carry each year?

Answer 9

More than 65 million

Question 10

What are the 5 types of flow?

Answer 10

1. Capital
2. Labour
3. Products
4. Services
5. Information

Question 11

What is a protectionist - give an example

Answer 11

Someone who wants to reduce the trade their country does with other nations e.g Kim Jong Un

Question 12

What does free trade involve?

Answer 12

No taxes, no tariffs, no quotas, an increase in overall trade volume

Question 13

Name 3 NGOs

Answer 13

World Bank
World Trade Organisation
International Monetary Fund

Question 14

How much did the world bank lend the Philippines in 2014?

Answer 14

$470 million

Question 15

In 2010 how much did China loan to support other nations?

Answer 15

$110 billion - more than the world bank

Question 16

What are the aims of the World Trade Organisation?

Answer 16

Create free trade and remove tariffs

Question 17

What are the aims of the IMF?

Answer 17

Promote free trade and globalisation, whilst also aiming to create a stable international finance system

Question 18

Which country recived IMF loans in 2008? How much were they given?

Answer 18

Greece
Given €30 billion as part of a €110 joint EU-IMF loan

Question 19

Give some examples of Trade Blocs

Answer 19

• NAFTA - North American Free Trade Market Agreement
• European Union
• Arab League
• ASEAN Free Trade Agreement

Question 20

Features of the EU

Answer 20

• 27 members
• Population of over 500 million
• 19 use the Euro
• Integrated policy ideas e.g. Common Agricultural policy which gives support when a countries GDP is less than 75% of EU average

Question 21

When was the EU formed?

Answer 21

• Originally the EEC (European Economic Community)
• Founded in 1957 following the Treaty of Rome

Question 22

Features of ASEAN Free Trade Area Agreement

Answer 22

• 10 members
• 625 million population
• Uniform tariffs adopted in 2015
• Goal to create a single market
• 3rd largest economy in Asia or 5th globally

Question 23

When did ASEAN agree to remain free from nuclear wepons?

Answer 23

1995

Question 24

Disadvantages of Trade Blocs

Answer 24

• Trade distortion
• Cultural Erosion
• ST unemployment
• Sovereignty Loss

Question 25

What three things do national governments do?

Answer 25

1. Free Market Liberalisation 2. Privatisation 3. Encourage Private business start ups

Question 26

When did China announce the open Door Policy? Who was China's chairman?

Answer 26

1978 Deng Xiaoping

Question 27

What did China's imports soar from following the Open Door Policy.

Answer 27

$ 2 billion to $ 200 billion

Question 28

When did China join the WTO, how much does FDI does it receive each year?

Answer 28

2001 $60 billlion FDI each year

Question 29

How does China limit Cultural Erosion?

Answer 29

Only foreign films can be screened each year in Cinemas

Question 30

Give an exmaple of China restricting FDI

Answer 30

Coca Cola blocked from purchasing Huiyan Juice in 2008

Question 31

Which two indices can be used to measure globalisation?

Answer 31

- KOF index - AT Kearney Index

Question 32

KOF Index

Answer 32

A scale of 1-100 based on political, economic and social factors.

Question 33

AT Kearney Index

Answer 33

Measured globalised cities, considering economic regulation, personal contacts, tech activity and political engagement.

Question 34

What is North Korea's own internet called?

Answer 34

Kwangmyong

Question 35

Which sites did North Korea officially block in 2016?

Answer 35

Facebook, Twitter and Youtube

Question 36

Which country in the Sahel is growing?

Answer 36

Nigeria

Question 37

How much did Nigeria's economy grow by annually on average between 2000-2014?

Answer 37

7%

Question 38

What is Glocalisation?

Answer 38

TNC's adapting their products to suit local markets

Question 39

Give an example of Glocalisation

Answer 39

- In China Cabury's chocolate and Oreo's are sweeter - In Asia noodles, chicken and rice are also served in Mc Donalds - Vegetarian Mc Donalds in India to suit Hindu and Sikh markets

Question 40

How many countries have Mc Donalds? How many restaurants and people served each day?

Answer 40

118 countries 34,000 restaurants 69 million served each day

Question 41

What is Offshoring?

Answer 41

Moving part of a countries manufacturing process to another country

Question 42

What nickname does China have?

Answer 42

'Workshop of the World'

Question 43

How many years has China's life expectancy reduced to due to air pollution?

Answer 43

5 years lower

Question 44

What is Outsourcing?

Answer 44

One firm contracting another to carry out part of its's work

Question 45

Give an example of Outsourcing

Answer 45

Infosys, a US call centre, based in Bangalore makes profits of $9 billion each year