Introduction Flashcards
1
Q
‘It has been said that arguing against globalisation is like arguing against ……..’
A
the laws of gravity’ Kofi Annan, former Secretary-General of the United Nations
2
Q
the 2008 financial crisis slowed down…………….
A
globalisation, albeit temporarily
3
Q
in the 1960s, Canadian philosopher McLuhan predicted the advent of
A
‘a global village’ a ‘flat world’
4
Q
trade has grown enormously since the Second World War, in manufactured goods alone it has grown from………….in 1956 to……….in 2013 (in US$)
A
US$100 billion in 1956 to US$19 trillion in 2013
5
Q
the global economy can be broken down into 4 main factors:
A
TNCs, the national economy, nation states and technology
