global governance

Question 1

globalisation: define globalisation

Answer 1

the increasing movement of people, goods and information around the world

Question 2

globalisation: define trade

Answer 2

the exchange of goods through imports and exports

Question 3

globalisation: define TNCs

Answer 3

transnational corporations - companies that operate in several countries

Question 4

globalisation: define economy

Answer 4

system of the flow of money - can be local, national or global

Question 5

globalisation: define labour

Answer 5

work done by people

Question 6

globalisation: define capital

Answer 6

money

Question 7

globalisation: define FDI

Answer 7

foreign direct investment - where companies or countries invest in a country

Question 8

globalisation: define migration

Answer 8

the movement of people in and out of countries

Question 9

globalisation: define marketing

Answer 9

advertising and branding products for target audiences

Question 10

globalisation: define production

Answer 10

the manufacturing of goods

Question 11

globalisation: define distribution

Answer 11

the movement of goods around the world

Question 12

globalisation: define consumption

Answer 12

when people use goods

Question 13

globalisation: define security

Answer 13

the protection of safety in global systems

Question 14

global systems: define interdependence

Answer 14

when two or more countries become economically reliant on each other

Question 15

global systems: define inequalities

Answer 15

differences in amounts or flows of money, people and technologies

Question 16

global systems: define injustices

Answer 16

factors resulting in unfair practices for people and the environment

Question 17

global systems: define geopolotics

Answer 17

a system of political relations between all the worlds countries

Question 18

global systems: define stability

Answer 18

how secure a country or global system is in terms of level of risk to that country or system

Question 19

global systems: define outsourcing

Answer 19

when a company sets up a section of its business in another country

Question 20

global systems: define positive multiplier

Answer 20

when a factor has a knock on effect resulting in positive growth

Question 21

global systems: define de-multiplier

Answer 21

when a factor has a knock-on effect that results in a chain of negative effects

Question 22

international trade and markets: define trade

Answer 22

the exchange of good between countries through imports

Question 23

international trade and markets: define tariff

Answer 23

an extra charge of imports and exports

Question 24

international trade and markets: define barriers

Answer 24

restrictions put in place to hinder trade

Question 25

international trade and markets: define protectionism

Answer 25

when governments place trade restrictions on certain goods with the idea that it will protect the domestic supply/ industry of the same good

Question 26

international trade and markets: define licensing

Answer 26

to show certification and authorisation of genuine goods

Question 27

international trade and markets: define quota

Answer 27

a limit imposed on some imported goods

Question 28

international trade and markets: define subsidy

Answer 28

a reduction in the costs of domestic goods so they can compete with imports

Question 29

international trade and markets: define embargoes

Answer 29

restrictions of goods from certain countries

Question 30

international trade and markets: define regulations

Answer 30

a set of trading rules

Question 31

international trade and markets: define restriction

Answer 31

something in place to stop or limit trade

Question 32

international trade and markets: define free trade

Answer 32

trade without quotas, tariffs or barriers

Question 33

international trade and markets: define fair trade

Answer 33

goods that are produced with a fair price / wage paid to the farmer/manufacturer

Question 34

global governance: define regulatory bodies

Answer 34

organisations that oversee the worlds political systems

Question 35

global governance: define global commons

Answer 35

regions that are not owned by one single nation state an do not conform to ordinary political systems

Question 36

global governance: define governance

Answer 36

a way of setting rules and ensuring those rules are followed

Question 37

global governance: define NGOs

Answer 37

non-governmental organisations

Question 38

global governance: define UN

Answer 38

united nations

Question 39

global governance: define top down

Answer 39

system of governance set for governments and political systems downwards

Question 40

global governance: define bottom up

Answer 40

system of governance set from grass roots, local councils and communities upwards

Question 41

global commons: define global commons

Answer 41

areas that are not within a political region and do not belong to one member state

Question 42

global commons: define common heritage

Answer 42

the idea that some areas are free for everyone to use as they belong to everyone

Question 43

global commons: define antarctic convergence zone

Answer 43

an area that includes the whole continent of antarctica as well as an area of the southern ocean which is protected under the antarctic treaty

Question 44

global commons: define whaling

Answer 44

hunting and killing whales for human consumption

Question 45

global commons: define krill

Answer 45

small creatures that are essential to biodiversity in the southern ocean; they are farmed for human consumption in many places

Question 46

global commons: define ocean acidification

Answer 46

where carbonic acid enters the ocean and alters its PH so its more acidic

Question 47

global commons: define the antarctic treaty

Answer 47

set up in 1959 between 12 countries to protect antarctic

Question 48

global commons: define protocol on environmental protection to the antarctic treaty

Answer 48

set up in 1991 by the UN as an update to the 1959 treaty

Question 49

global commons: define whaling moratorium

Answer 49

a break from commercial whaling as outlined by the IWC in 1982

Question 50

global commons: define scientific committee on antarctica research

Answer 50

a body that oversees the scientific research that is carried out in antarctica