Global Case Book 2025 Flashcards
(9 cards)
What i the global GDP
$115 trillion
What is
What is the GDP of china and US
China = $19.5 trillion
America = $30 trillion
What is set to happpen between 2035-2040 with the economies between china and USA
China will overtake the US economy but will remain much poorer per person due to population size
EU GDP
$20 trillion
What is the military budget of US, china and Russia
US = $1 trillion
China = $300 billion
Russia = $125 billion
Worlds largest MNC
Walmart - 680 billion yearly revenue
Negative example of economic globalisation and the MNC
Shien - sells very cheap clothing
Accusations that workers do 14 hour days in Chinese sweatshops earning around £300 a month
Which territories is Netflix unavailable
China
North Korea
Russia
Crimea
Syria