17/10/23 human test Flashcards

1
Q

what is globalisation

A

the process by which the world becomes increasingly interconnected as a result of massively increased trade and cultural exchange.

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2
Q

what factors have contributed to the increase in globalisation

A

transportation, communication, containerisation

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3
Q

how many Facebook likes a day by 2014

A

5 billion

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4
Q

how many km of undersea fibre optics cables

A

1 million

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5
Q

how many containers moved a day

A

6,000 containers a day

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6
Q

what are the positives of a competition led market

A

more consumer choice
lower prices
more innovation
less state expenditure

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7
Q

what are the negatives of a competition led market

A

no equal access

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8
Q

what is a trade bloc

A

a type of intergovernmental agreement where barriers to trade in a world region are reduced or eliminated among the participating States

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9
Q

what are the positives of trade blocs

A

compromise and concession, national firms can merge to form transnational companies, bigger markets (but no extra taxes), protection from foreign competitors and political stability

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10
Q

what are the negatives of trading blocs

A

interdependence and loss of sovereignty

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11
Q

in what ways can national governments attract foreign direct investment

A

transport, policy, joining a trade bloc

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12
Q

what is an example of a switched off country

A

North Korea- by choice
the Sahle region- poverty

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13
Q

what is an example of a switched on place

A

new york, London, Paris

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14
Q

what ways has globalisation impacted developing countries

A

poverty reduction, environmental impacts, waged work

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15
Q

what was the population decrease in Detroit

A

25%

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16
Q

when was the first steam train built

A

1804

17
Q

when did electronic banking begin

A

1980s

18
Q

what year was the first email sent

A

1971

19
Q

what are the special economic zones in China

A

shenzen, shantou, and Zhuhai

20
Q

what percentage of indias GDP did agriculture have in 2008

A

17%

21
Q

how many schools have closed in the last decade in detroit

A

70

22
Q

how many M&S are there in the UK and how many globally

A

852, 474

23
Q

how many Russians live in London

A

100,000

24
Q

what percentage of people are unemployed in rural Polish areas

A

40%

25
Q

what is the KOF globalisation index

A

measures the extent to which countries are socially, politically, and economically linked to others, one of the few that considers political factors but data from some countries is not available

26
Q

what is AT Kearney

A

produces a Global Cities Index, which uses the measure of business activity, human capital, information exchange, cultural experience and political engagement to rank cities

27
Q

what is IMF Annual Report on Exchange Arrangements and Exchange Restrictions

A

records the existence of restrictions to trade in different countries. This means that countries that have more restrictions are less globalised

28
Q

what percent of plastic is recycled in Mumbai compared to the UK

A

80% to 20%

29
Q

why did Russian oligarchs move to London

A

they sought to invest their wealth in other countries after the fall of the soviet Union

30
Q

how much to polish immigrants contribute to the UK economy each year

A

£25 billion

31
Q

what are the benefits and costs for the source country

A

links, less pressure on resources, more jobs left for the people there,

less workers and young economically people leaving

32
Q

what are the benefits and costs for the host country

A

better economy, more workers that will work for less, more tax payers (34% increase in 2011)

pressure on resources (130,000 extra primary schools needed)