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Globalization > Test 1 > Flashcards

Test 1 Flashcards

1
Q

How many UN members are there?

A

193

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2
Q

Who are the top 20 Economies?

A

1: United States
2: China
3: Japan
4: Germany
5: India
6: United Kingdom
7: France
8: Russia
9: Canada
10: Italy
11: Brazil
12: Australia
13: South Korea
14: Mexico
15: Spain
16: Indonesia
17: Saudi Arabia
18: Netherlands
19: Turkey
20: Switzerland

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3
Q

Who are the ASEAN Members?

A

Brunei Darussalam
Cambodia
Indonesia
Lao PDR
Malaysia
Myanmar
Philippines
Singapore
Thailand
Viet Nam

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4
Q

Where is the WTO (World Trade Organization) Headquarters?

A

Geneva, Switzerland

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5
Q

How many WTO members are there?

A

166

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6
Q

Who is the WTO Director General?

A

Dr. Ngozi Okonjo-Iweala

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7
Q

What are the UN Office Languages?

A

Arabic, Chinese, English, French, Russian, Spanish

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8
Q

What European Countries are in the Top 20 Economies?

A

Germany, United Kingdom, France, Italy, Spain, Russia, Turkey, Switzerland

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9
Q

Where is the EU Headquarters?

A

Brussels, Belgium

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10
Q

Where is the UN Headquarters?

A

New York City

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11
Q

What are the 5 Domains of Globalization?

A

Social, Economic, Business, Political, Physical

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12
Q

What are some important Globalization Events?

A

World Wars, Covid, The Age of Discovery

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13
Q

What was the Uruguay Rounds?

A

The biggest trade negotiation in history, running from 1986–1993 and involving 123 countries

Resulted in the creation of the WTO

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14
Q

What was GATT?

A

General Agreement on Tariffs and Trade

Multilateral agreement signed in 1947 to reduce trade barriers and tariffs

23 countries signed GATT in 1947, and by 1973, the number of signatories had increased to over 100

GATT evolved into the World Trade Organization (WTO) in 1995

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15
Q

What does the EU Flag look like?

A

Blue Flag with 12 Gold stars in a circle

The flag symbolizes the unity, solidarity, and harmony of Europe’s peoples. The circle represents the union of Europe’s peoples

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16
Q

Who were the original EU members?

A

Belgium, France, Germany, Italy, Luxembourg, and the Netherlands

17
Q

What was the EU start date?

A

November 1, 1993,

18
Q

What are the Alpha ++ cities?

A

New York City and London

19
Q

What are the Alpha + cities?

A

Beijing, Dubai, Hong Kong, Paris, Shanghai, Singapore, Sydney, Tokyo

20
Q

What is the Criteria to be called an Alpha City?

A

economic performance, infrastructure, cultural offerings, and global connections.

21
Q

BRICS

A

Brazil, Russia, India, China, South Africa

designed to bring together the world’s most important developing countries, to challenge the political and economic power of the wealthier nations of North America and Western Europe

22
Q

Sovereignty Criteria

A

Permanent population

Defined territory

Government

Capacity to interact with other states

23
Q

Top Country Populations

A

India, China, United States, Indonesia, Pakistan, Nigeria, Brazil, Bangladesh, Russia, Ethiopia

24
Q

Number of Sovereign Nations

A

193

25
Q

“Nixon goes to China”

A

Nixon travelled to Communist China February 21–28, 1972, becoming the first U.S. President to visit mainland China while in office.

Near the end of the trip, the two governments issued the Shanghai Communiqué, in which each articulated its position on a crucial obstacle to normalization, the Taiwan issue.

26
Q

Top per capita income

A

Luxembourg, Singapore, Ireland, Norway, Qatar, United Arab Emirates, Switzerland, United States, Denmark, Netherlands

27
Q

Top Global Industries a companies and country of origin

A

Walmart, USA
Amazon, USA
China Petroleum & Chemical Corp, China
PetroChina, China
Berkshire Hathaway, USA

28
Q

“All nations equal”

A

“All nations equal” refers to the idea that every country in the world should have the same political, economic, and social standing, meaning no nation should be considered inherently superior to another

29
Q

Language of global business

A

English

30
Q

EU Population

A

449.2 million

31
Q

ECOWAS Members

A

Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo

Globalization (2 decks)

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