INTERNATIONAL POLITICAL ORGANIZATIONS & TAXATION Flashcards
- United Nations - Regional Treaties and Organizations - Economic Globalization - Cultural Globalization
refers to the rich and poor countries in Brandt Line?
Global North - rich
Global South - poor
“money out flow”
Import
It is a regional organization that promotes free trade
Asia-Pacific Economic Corporation
refers to the exit of Britain in European Union
Brexit
HE is the “father of Capitalism”
Adam Smith
What are the prime movers of cultural globalization?
- migration
- internet
- pop culture
- international travel
Who are the two presidents who headed the Washington Consensus?
US - Ronald Raegan
UK - Margaret Thatcher
What are the objectives of of ASEAN?
- maintain peace
- borderless trade
- exchange cultures
he believed that the world is divided by an imaginary line
Willy Brandt
refers to the consumption of common culture
Cultural Globalization
refers to the privatization of government owned corporations
neoliberalism
refers to the difference between money coming in and out of the economy
Balance of Payment (BOP)
What are the goals/achievements of the The Bretton-Woods Conference?
- promote economic development
- reconstruction of state
- made US Dollars the international universal currency
- created the World Trade Organization
What are the principles of European Union?
- free trade
- passport control abolition
- uniform foreign policy
- one currency (euro)
What are the principles of ASEAN?
- free trade
- free movement of people
- non interference
- minimum qualifications
What doe s”utopia” mean?
perfect society with absolute equality
Where is the headquarters of ASEAN?
Jakarta, Indonesia
What are the 11 (2025) ASEAN Members?
Malaysia
Myanmar
Brunei
Singapore
Cambodia
Laos
Indonesia
Philippines
Thailand
Vietnam
Timor Leste
What are the 5 permanent members of the UN Security Council?
China, US, France, UK, Russia
What does Laissez-Faire mean?
Let alone
What is the characteristics of Global North?
- High Gross Domestic Product
- Low Corruption
- High Human Development
introduced the term “utopia”
Karl Marx
refers to the imaginary line that the world is divided by
Brandt Line
Who is the current General Secretary of NATO?
Jens Stoltenberg
When was United Nations formed?
October 24, 1945
refers to cultural interconnectedness
Cultural Globalization
What principal organ of UN handles the global, economical, and social affairs?
UN Economic and Social Council
how many countries are under in European Union?
27
What countries are members of the QUAD?
Australia, India, Japan, and US
What principal organ of UN help newly independent countries?
Trusteeship Council
What organization is a strategic security dialogue between Australia, India, Japan, and US?
Quadrilateral Security Dialogue (QUAD)
He is the “father of Economics”
Adam Smith
What are the principal organs of UN?
- UN Security Council
- UN Secretariat
- General Assembly
- UN Economic and Social Council
- Trusteeship Council
- International Court of Justice
How many members does Asia-Pacific Economic Corporation have?
21 Pacific rim member economy
The International Court of Justice is also known as?
World Court
refers to selling at the international market
Export
What is the meaning of a positive, negative, and zero values of BOP?
Positive - favorable balance of trade
Negative - unfavorable balance of trade
Zero - trade balance
When is European Union established?
March 26, 1995
What organization refers to the multilateral military agreement of the North Athlantic?
North Atlantic Treaty Organization (NATO)
What are the 2 financial institution of US that aims for reconstruction of states?
- International Monetary Fund
- World Bank
He is the “father of communism”
Karl Marx
What part of Ukraine did Russia colonized when they announced joining NATO in 2014?
Crimea
Believed in the Laissez-Faire
Adam Smith