Globalisation Flashcards
When was railway developed
1804
When was containerise developed
1956
When was the digital Economy introduced
1995
When was the mobile phone developed
1973
When was electronic banking introduced
1928
What is the name of the world bank
To reduce the % of people living on less than $1.25 a day to no more than 3% by 200
When was the worlds trade organisation established
1995
What is a case study for privatisation and market liberalisation
Under Margaret thatcher the conservative government stated a program of deregulation and privatisation including British telecom, local bus services, British Gas and British rail.
Give an example of a stand alone agreement of a trade bloc
Association of Southeast Asia nations
Give an example of a regional trade bloc
Eu
Example of protection from foreign competitors
2007 EU blocked £50 million of Chinese cloths from entering the uk as the annual quota had been filled
Give an example of national firms merging into TNCS
2000 vodaphone merged with Germany’s mannesmann to become the worlds largest telecommunications company
Give a face for the bigger markets of trade blocs in
Uk has a population of 65 million
EU has a population of 508 million
Special economic zones face
4 set up in China in 1980
What is China’s open door policy
Deng Xiaoping carries out economic reforms opened its markets created special economic zones all to increase FDI
When was the KOF globalisation index created
2002
Give an example of glocalisation and the development of new markets
McDonalds have varied there menu in India to use less beef due to the large Hindu population