Final Vocab

Question 1

National Assembly

Answer 1

South Africas bicameral legislature

Question 2

Congress of South African Trade Unions

Answer 2

South Africas most important trade union confederation

Question 3

Truth and Reconciliation commission

Answer 3

The post apartheid body established to document apartheid era human rights abuses and to give reparations to victims and amnesty to perpetrators who confessed to crimes

Question 4

Growth, Employment, and Redistribution

Answer 4

1996 liberal macroeconomic structural adjustment plan that moved ANC to a more market friendly political party

Question 5

Broad-based black economic empowerment

Answer 5

South Africas affirmative action program that aims to create a new class of black business owners and managers through a series of quotas and targets

Question 6

Patrimonialism

Answer 6

A ruler depends on a collection of supporters within the state who gain direct benefits in return for enforcing the rulers will

Question 7

Federal character principle

Answer 7

Nigerian quota system designed to ease ethnic tension by requiring the president to appoint ministers and civil servants from each nigerian state

Question 8

House of representatives

Answer 8

Lower house of nigerians parliament

Question 9

Derivation formula

Answer 9

Formula for distributing oil revenues between national and local government in Nigeria

Question 10

Movement for the survival of the ogoni people

Answer 10

Ethnic association to promote the interest of ethnic ogoni in the niger delta

Question 11

Movement for the emancipation of the niger delta

Answer 11

Militant separatist group from the niger delta

Question 12

Resource curse

Answer 12

Theory of development in which the existence of natural resources in a given state is a barrier to modernization and democracy

Question 13

National economic empowerment and development strategy

Answer 13

ranging nigerian reform program designed to stem government corruption and enhance economic infrastructure

Question 14

Globalization

Answer 14

Process of expanding and intensifying linkages between states, societies, and economies

Question 15

Multinational Corporation (MNC)

Answer 15

Firm that produces, distributes, and markets its goods or services in more than one country

Question 16

Nongovernmental organization (NGO)

Answer 16

National or international group, independent of any state, that pursues policy objectives and fosters public participation

Question 17

Intergovernmental organization (IGO)

Answer 17

Group created by states to serve particular policy ends

Question 18

International regimes

Answer 18

Fundamental rules and norms that link states together and shape their relationships to one another, usually regarding some specific issues

Question 19

Bretton Woods system

Answer 19

Economic regime that manages international economic relations (IMF, WTO, and World Bank)

Question 20

Foreign Direct Investment (FDI)

Answer 20

The purchase of assets in a country by a foreign firm

Question 21

Offshore outsourcing

Answer 21

Process by which a firm moves some of its work to a secondary business, outside the home country, that can do the work more efficiently or cheaply

Question 22

Trans-Pacific Partnership (TPP)

Answer 22

Proposed agreement between 12 countries to liberalize trade through reduced tariffs and common regulation. US withdrew in 2017

Question 23

North America Free Trade Agreement (NAFTA)

Answer 23

Canada, US, and Mexico agreement that liberalizes trade. Renegotiated in 2020 to USMCA