Globalisation EQ1 Flashcards

1
Q

What is Micro Ensure’s Fearless Health?

A

An insurance service providing free basic life, accident, and hospital insurance via mobile phones

First used in Kenya, it has 50 million registered users in 15 countries across Africa.

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2
Q

What issues does Micro Ensure’s Fearless Health address?

A

Combats price/availability issues with existing insurance

It targets individuals in laboring jobs who may have limited access to traditional insurance.

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3
Q

What is M-Shule?

A

A mobile learning scheme that delivers lessons via SMS

It aims to improve primary school performance and better opportunities for children.

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4
Q

How does mobile technology enhance healthcare access?

A

People can use their phones to access doctors and diagnostic tools

For example, Peek Vision uses adapted cameras to diagnose vision problems.

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5
Q

What adaptations have been made by Tecno Mobile for mobile phones?

A

Phones will have longer battery life, run off slower internet speeds, and be cheaper

These adaptations help expand the mobile phone market for developing countries.

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6
Q

What is the World Trade Organisation (WTO)?

A

An international organization that regulates trade between nations.

The WTO aims to ensure that trade flows as smoothly, predictably, and freely as possible.

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7
Q

What percentage of Guatemala’s cotton crop was exported in the 1980s?

A

75%

This high export percentage was intended to generate resources for future farms.

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8
Q

What would have increased earnings from Guatemala’s cotton crop?

A

Processing raw cotton into finished clothes.

Only 1% of the cropland would have been needed for this production.

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9
Q

What challenge did WTO policies present to Guatemala’s cotton market?

A

Difficulties in opening new markets.

These challenges were due to being completely tied to the production of raw cotton.

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10
Q

When did cotton production in Guatemala end completely?

A

2005

This was largely due to competition from other countries.

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11
Q

What is the current use of the workforce that previously worked in Guatemala’s cotton production?

A

Producing cheap T-Shirts for export.

This shift represents a change in the agricultural focus of the workforce.

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12
Q

What was Ghana’s status in the cocoa trade during British colonial rule?

A

Ghana was the world’s largest producer of cocoa

This historical dominance has significantly influenced its current trade dynamics.

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13
Q

What do WTO rules aim to achieve in international trade?

A

WTO rules seek tariff-free international trade

These rules are designed to promote free trade among member countries.

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14
Q

How do EU tariffs affect Ghana’s cocoa exports?

A

The EU sets tariffs for processed cocoa, driving up prices of these goods

This situation forces Ghana to export raw cocoa beans instead of processed products.

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15
Q

When did Ghana join the WTO?

A

Ghana joined the WTO in 1995

This membership came with specific conditions that affected local farmers.

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16
Q

What condition was imposed on Ghana when it joined the WTO?

A

Ghanaian farmers should not be subsidised

This contrasts with the practices of the USA and EU, which subsidise their farmers.

17
Q

What impact do subsidies from the USA and EU have on Ghanaian farmers?

A

Ghanaian farmers cannot compete with imported and subsidised American and European foods

Many farmers have given up farming as a result.

18
Q

When did Pakistan join the WTO?

19
Q

What was a significant consequence of Pakistan joining the WTO regarding its fishing industry?

A

Pakistan was forced to open their fishing grounds to foreign competition

20
Q

What types of foreign vessels were allowed into Pakistan’s fishing grounds after joining the WTO?

A

Deep sea trawlers owned by TNCs

21
Q

What environmental issue arose from the influx of foreign fishing competition in Pakistan?

A

Overfishing and depletion of fish stocks

22
Q

What was the economic impact on Pakistan’s fishing community after the changes in fishing regulations?

A

Left in poverty

23
Q

Explain how actions of the national government influenced free market liberalisation in the UK

A

Deregulation in the City of London in 1986 made the city a hub of finance, allowing foreign competition and abolishing minimum fixed commissions on trades.

24
Q

How did privatisation in the 1980s impact Southern railways?

A

Ownership of many countries often passes overseas with a French company buying a stake in Southern railways

25
Q

What was Sunday Trading in the UK?

A

An act passed in 1994 that gave shops and businesses the right to trade (buy and sell) on a sunday, making the country more attractive to foreigners retainers. Encouraging business start ups.

26
Q

After Chinas open door policy of 1978 how many citizens migrate from rural areas?

A

300million people leave rural areas as agricultural communities dismantle and urban industrialised areas form