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4 Written Questions

3 Multiple Choice Questions

  1. 1 Quotas- set amount of limited imports
    2. Technical restrictions- limit stuff ( exmaple. environmental protection)
    3. Administrative restrictions- not totally capitalized (Russia, china)
    4. Trade supports subsides= support domestic products
  2. was established in 1945 by the UN Charter to provide international supervision for 11 Trust Territories placed under the administration of 7 Member States
  3. Politics are determined by economic relations, Structural divisions between global north and south, Main actors economic classes and states (north and south)

3 True/False Questions

  1. GlobalismThe view of the world as a whole a single unit with many commonalities and connections across political boarders.an ideology/identity. creating maintaining hegemony through cultural powers.

          

  2. How FDI and FPI differ.FDI differs from Portfolio investment which involves investment solely to gain capital appreciation through market fluctuations

          

  3. Economic Globalization- The expansion of International trade
    - Cross-boarder moments of production
    - increase of transnational finnancial flows
    The benefits of this type of globalization are development of capital.

          

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