Los 16.b

Question 1

What is Globalization?

Answer 1

long-term trend toward worldwide integration of economic activity and cultures

Question 2

What is Autarky?

Answer 2

(noncooperation and nationalism) refers to a goal of national self-reliance, including producing most or all necessary goods and services domestically. Autarky is often associated with a state-dominated society in general, with attributes such as government control of industry and media

Question 3

What is Hegemony?

Answer 3

(noncooperation and globalization) refers to countries that are open to globalization but have the size and scale to influence other countries without necessarily cooperating.

Question 4

What is bilateralism?

Answer 4

(cooperation and nationalism) refers to cooperation between two countries. A country that engages in bilateralism may have many such relationships with other countries while tending not to involve itself in multicountry arrangements.

Question 5

What is multilateralism

Answer 5

(cooperation and globalization) refers to countries that engage extensively in international trade and other forms of cooperation with many other countries.

Some countries may exhibit regionalism, cooperating multilaterally with nearby countries but less so with the world at large.

Question 6

How can nonstate actors show that they’re more orientaed towards globalization than their governemnts

Answer 6

buy and sell foreign securities (portfolio investment flows)
own physical production capacity in other countries (foreign direct investment).