UNIT 4: power, places and networks Flashcards
1
Q
Foreign direct investment
A
investing in a foreign country
2
Q
Types of global interactions
A
- economic-> TNCS
- Social–> online networks
- political–> global action
- cultural–> growrh of culturem glocalisation
3
Q
Types of globalisation
A
- social–> information flows, personal contacts
- political–> number of embassys in a country
- economic–> trade
4
Q
What are global superpowers
A
- influence policy on a world wide scale
*
5
Q
what is soft power
A
- changing individuals +nations without force
6
Q
Global org and groups
A
- G7–> group of HICS
- G20–>
- OECD–> organization for european economic cooperation
- OPEC–> organization of petroleum exporting countries
7
Q
What are the global lending institutions
A
- new development bank-> focuses on loaning for sujstainable projects
- world bank-> financial assistance for developing countries
- International monetary bank–> faciliate devlopemnt
8
Q
Types of aid
A
- international aid->
- developemnt aid–> poor countries are recwivers
- loans–> transfer of money that requires payment
- debt relief–> most poor countries are in debt (as they ask for loand from HICS)
9
Q
A
9
Q
what are remittances
A
when migrants sent off money to their homes
10
Q
A
11
Q
Types of illegal flows
A
- tarficked people–> illegal movement of people without consent
- countefeit goods–> pirate brand names –> falsely replicated
- flows of drugs–> associated with crime
11
Q
TNC powerrrr
A
- operatre in many countries
- control marketing
- produce in LICS
- influenctial
12
Q
What are trading blocks
A
- agreeemnt between nations to allow free tarde across nations.
13
Q
Describe the shrinking world
A
- world is becomming more interconnected each time due to globalization
- time space convergence–> decline in tarvel tiem due to better communication, tech and transportastion.
