General Study Notes Quiz
45 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which statement best reflects Fukuyama's conclusion regarding political systems after the Cold War?

  • Liberal democracy has emerged as the dominant and final form of government. (correct)
  • Socialism offers a viable alternative to liberal democracy.
  • Authoritarian regimes remain the most stable form of governance.
  • Communism will likely see a resurgence in the future.

What economic consequence is associated with the spread of liberal democracy and capitalism?

  • Facilitation of increased trade and opening of borders. (correct)
  • Increased economic isolation of liberal democracies.
  • A decreased role of multinational corporations.
  • Decline in technology and information exchange.

What challenge to globalization is represented by nationalist populism?

  • Opposition to immigration and increased nationalism. (correct)
  • Promotion of liberal economic policies worldwide.
  • Acceptance of global institutions and agreements.
  • Support for free trade across all countries.

What trend in global economics has resulted from the 2008 global financial crisis?

<p>An era of slowbalization or even deglobalization. (A)</p> Signup and view all the answers

Which of the following is NOT an outcome of liberal democracy according to the content?

<p>Emergence of political autocracies. (A)</p> Signup and view all the answers

What motivates some countries like Latvia and Lithuania to join the Eurozone?

<p>To keep Russia's influence low (A)</p> Signup and view all the answers

What is a significant function of the US dollar during global crises?

<p>It acts as disaster insurance (B)</p> Signup and view all the answers

What was the primary basis of Bannon's nationalism?

<p>Ethno-cultural issues (D)</p> Signup and view all the answers

Which of the following describes the benefits afforded to the US by the dollar?

<p>It enables running significant fiscal and current account deficits (A)</p> Signup and view all the answers

What central point did Trump's policies focus on?

<p>American sovereignty (A)</p> Signup and view all the answers

What aspect of nationalism emphasizes state-building through modernization?

<p>Modernism (D)</p> Signup and view all the answers

What is the primary focus of economic nationalism?

<p>Prioritizing domestic jobs and achieving self-sufficiency (D)</p> Signup and view all the answers

What was a significant effect of the trade war with China?

<p>Decoupling of supply chains (B)</p> Signup and view all the answers

What do protectionist measures in economic nationalism aim to achieve?

<p>Safeguarding domestic industries from external influences (B)</p> Signup and view all the answers

Which of the following best describes techno-nationalism?

<p>Policies aimed at protecting domestic technology industries (A)</p> Signup and view all the answers

Which theoretical element of nationalism refers to the use of nationalism as a strategic tool by leaders?

<p>Instrumentalism (D)</p> Signup and view all the answers

What does Ha-Joon Chang argue about the development of today's rich countries?

<p>They relied on interventionist trade and industrial policies. (C)</p> Signup and view all the answers

How did 19th century countries like Germany and the US approach technology from Britain?

<p>They appropriated British technology via reverse engineering. (B)</p> Signup and view all the answers

What is one common geopolitical instrument in economic nationalism?

<p>Imposing tariffs and import restrictions (C)</p> Signup and view all the answers

What are techno-nationalist policies NOT likely to include?

<p>Protectionist measures for foreign industries (C)</p> Signup and view all the answers

What has the rich countries' approach to global institutions limited for developing countries?

<p>Their ability to access foreign technology (A)</p> Signup and view all the answers

What is a consequence of environmentally unfriendly production being transferred to developing countries?

<p>Plundering of natural resources in developing countries (B)</p> Signup and view all the answers

How did the US-China trade war impact tariffs on imported goods?

<p>It increased tariffs from 3.5% to 8% (A)</p> Signup and view all the answers

Which of the following best describes geoeconomic statecraft?

<p>The ability to influence geopolitics through economic power (D)</p> Signup and view all the answers

What percentage of the value of the world's companies was wiped out during the 2008 financial crisis?

<p>33% (D)</p> Signup and view all the answers

What tactic does China employ in its aircraft market to achieve political goals?

<p>Leveraging its market potential to influence international deals (D)</p> Signup and view all the answers

Why are developing countries more likely to borrow from emerging markets rather than Western financial institutions?

<p>Western institutions prioritize human rights over financial interests (B)</p> Signup and view all the answers

Which of the following factors contributed to the disruption of global supply chains during the pandemic?

<p>Extensive lockdowns in China (B)</p> Signup and view all the answers

Which country experienced a deglobalization trend while the Netherlands saw an increase in global integration?

<p>UK (C)</p> Signup and view all the answers

What impact does the use of geoeconomic tools have on diplomacy and markets?

<p>It leads to a transformation in the nature of diplomacy and markets (D)</p> Signup and view all the answers

In what year did the US-China trade war see an increase in average tariffs to 8%?

<p>2019 (D)</p> Signup and view all the answers

What is one reason the Global North is dissatisfied with globalization?

<p>Job loss and wage stagnation (A)</p> Signup and view all the answers

Which countries might utilize the economic power of Russia or China to counteract Western sanctions?

<p>Countries that are sanctioned or disliked by the United States (D)</p> Signup and view all the answers

What issue is associated with the Global South's dissatisfaction with globalization?

<p>Unequal distribution of benefits (D)</p> Signup and view all the answers

What trend characterizes the economies of Africa and Latin America in the past decade?

<p>Sharp decline in economic performance (C)</p> Signup and view all the answers

Which factor is NOT mentioned as a reason for globalization's failure according to Stiglitz?

<p>Cultural integration (A)</p> Signup and view all the answers

What is one consequence of the structural adjustment policies in the Global South?

<p>Worsening social welfare (C)</p> Signup and view all the answers

What was the main reason the US government took actions against Huawei?

<p>Concerns over national security and espionage (C)</p> Signup and view all the answers

What consequence did Huawei face following the Trump Administration's actions?

<p>Ban on US federal agencies using its equipment (C)</p> Signup and view all the answers

Which individual from Huawei was arrested in Canada related to US sanctions?

<p>Meng Wanzhou (D)</p> Signup and view all the answers

What action did the Federal Communications Commission (FCC) take regarding Huawei?

<p>Designated Huawei and ZTE as national security threats (D)</p> Signup and view all the answers

What does the term 'long-arm jurisdiction' refer to?

<p>A legal practice where a court can exercise jurisdiction over defendants in other jurisdictions (B)</p> Signup and view all the answers

Which country reacted by implementing new rules against the long-arm jurisdiction of foreign laws?

<p>China (B)</p> Signup and view all the answers

What was one claim made against Huawei by the US?

<p>Stealing trade secrets from US companies (C)</p> Signup and view all the answers

Why did AT&T back out of a deal with Huawei in 2018?

<p>Under pressure from regulators (D)</p> Signup and view all the answers

Flashcards

Geoeconomic Statecraft

The use of economic power and capacity to achieve political goals, particularly by emerging economies.

State-Owned Enterprises (SOEs)

Large businesses owned or controlled by the government. They aid in achieving a country's political and economic goals.

Geoeconomic Tools

The strategic use of economic resources to influence political outcomes, often seen in emerging economies' interactions with Western powers.

Non-Market Behavior in Commerce

This happens when economic actions are influenced by political objectives rather than purely market forces. It affects international business and trade.

Signup and view all the flashcards

Strategic Alliances in Geoeconomics

Countries increasingly form alliances to navigate global trade and financial systems, challenging the dominance of existing Western institutions.

Signup and view all the flashcards

Weakening Western Sanctions

The ability of a country to leverage its economic power to counter the influence of Western sanctions.

Signup and view all the flashcards

Shift in Economic Power and Strategies

The shift in economic power and strategies from developed to developing economies, often characterized by a more flexible and politically-motivated approach.

Signup and view all the flashcards

US-China Trade War and Tariffs

US tariffs on imports from China increased significantly, reflecting the use of economic policy for political gain.

Signup and view all the flashcards

Institutional Globalization

The spread of liberal democracy and capitalism, along with the interconnectedness of social and political institutions across the globe.

Signup and view all the flashcards

End of History

The idea that liberal democracy and capitalism are destined to become the dominant and final forms of government and economy.

Signup and view all the flashcards

Multinational Corporations

The emergence of an international business structure that operates, invests and trades globally.

Signup and view all the flashcards

National Populism

The backlash against globalization and its associated trends, often associated with nationalism, protectionism and anti-immigration sentiment.

Signup and view all the flashcards

Slowbalization or Deglobalization

A slowdown or reversal of the process of globalization, often attributed to factors like economic crises, political instability and technological changes.

Signup and view all the flashcards

Nationalism

A political and social ideology that focuses on building national identity, pride, and loyalty. It influences a nation's governance, history, culture, economy, and foreign policy.

Signup and view all the flashcards

Primordialism

A theory of nationalism suggesting that it's rooted in ancient and innate factors like ethnicity, religion, language, and culture.

Signup and view all the flashcards

Modernism

A theory of nationalism that views it as a product of modernization and industrialization, which create a need for a unified national identity.

Signup and view all the flashcards

Instrumentalism

A theory of nationalism that sees it as a tool for political leaders to achieve their goals, often by exploiting or manipulating national sentiment.

Signup and view all the flashcards

Post-colonialism

A theory of nationalism that examines how national identity is formed or reformed under colonial rule.

Signup and view all the flashcards

Economic Nationalism

An economic ideology that prioritizes national interests over global trade and economic interdependence. It emphasizes protecting domestic jobs and industries.

Signup and view all the flashcards

Protectionist Measures

Government policies designed to restrict trade with other countries, such as tariffs, import quotas, and trade barriers.

Signup and view all the flashcards

Independent Economy

The belief that a nation should have its own independent economy, free from external influences, and populated by its own citizens.

Signup and view all the flashcards

Globalization Decline

The period of time when the global trade index declined from 60.1 in 2008 to 57.2 in 2021.

Signup and view all the flashcards

2008 Financial Crisis Impact

The global financial crisis of 2008 led to a significant economic downturn, erasing a substantial portion of the value of global companies.

Signup and view all the flashcards

Great Recession

The worldwide economic slump caused by the 2008 financial crisis, characterized by a drastic reduction in economic activity and employment.

Signup and view all the flashcards

National Debt Increase

The 2008 financial crisis triggered a surge in national debt levels across most countries.

Signup and view all the flashcards

European Sovereign Debt Crisis

A major economic crisis that occurred in Europe in the aftermath of the 2008 financial crisis, mainly due to unsustainable levels of public debt, particularly in Greece, Ireland, and Portugal.

Signup and view all the flashcards

Banking Crisis

A crisis that occurs when banks face a loss of trust and are unable to meet their financial obligations, leading to widespread instability in the financial system.

Signup and view all the flashcards

Global Trade Challenges

A period of tension between the United States and China characterized by increased tariffs and trade restrictions. This along with the Russia-Ukraine war and the COVID-19 pandemic had negative consequences on global trade.

Signup and view all the flashcards

Pandemic Impact on Supply Chains

The significant disruption of global supply chains caused by the COVID-19 pandemic, characterized by lockdowns, congestion, and supply chain bottlenecks.

Signup and view all the flashcards

Huawei Security Concerns

The US government's claim that Huawei's technology poses a security risk, enabling spying and disruption of military communications.

Signup and view all the flashcards

Huawei Ban Campaign

The US government's efforts to convince other countries, especially developing ones, to ban Huawei from their infrastructure.

Signup and view all the flashcards

Huawei Trade Secret Accusations

The US government's accusation that Huawei stole trade secrets from American companies.

Signup and view all the flashcards

Huawei Sanction Violations

The US government's assertion that Huawei violated US sanctions against Iran and North Korea.

Signup and view all the flashcards

Long-arm Jurisdiction

The US government's use of its power to influence the actions of individuals and companies outside of its borders. It extends US laws and regulations to foreign entities.

Signup and view all the flashcards

China's Countermeasures Against Long-arm Jurisdiction

China's response to the US's long-arm jurisdiction efforts by introducing legal measures to counter foreign laws applied extraterritorially.

Signup and view all the flashcards

Economic Coercion

A form of economic coercion where a country uses its economic power to influence or punish other countries for not complying with its laws or sanctions.

Signup and view all the flashcards

Huawei CFO Arrest and US Sanctions on Iran

The US government's use of financial sanctions against Iran, which China does not fully endorse, leading to the arrest of Huawei's CFO MENG Wanzhou.

Signup and view all the flashcards

Techno-Nationalism

A policy focusing on prioritizing domestic tech and digital industries to enhance a nation's economic, political, and national security power.

Signup and view all the flashcards

Kicking Away the Ladder

Economic policies implemented by developed countries in the past to promote domestic industries, often including protectionist measures and technology transfer.

Signup and view all the flashcards

Ha-Joon Chang's Argument

The idea that developed nations have historically used protectionist policies to achieve their own economic growth, but later advocate for free trade to maintain their advantage.

Signup and view all the flashcards

Decoupling of Supply Chains

The act of intentionally decreasing trade and economic ties with another country, often as a political tool to exert pressure or due to national security concerns.

Signup and view all the flashcards

Anti-Globalization

A political stance advocating for reducing international trade and agreements, focusing on national interests and prioritizing domestic economic growth.

Signup and view all the flashcards

Reverse Engineering

The process of copying and adapting existing technology developed by others, often leading to advancements in a country's own technological capabilities.

Signup and view all the flashcards

Liberal Ideology and Free Trade

A situation where a country, after achieving economic success, promotes free trade policies that may disadvantage less developed countries, creating an uneven playing field.

Signup and view all the flashcards

Study Notes

No specific text or questions provided. Therefore, no study notes can be generated. Please provide the text or questions.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Related Documents

Revisions Geopolitics PDF

Description

This quiz focuses on the importance of having specific texts or questions to generate effective study notes. It emphasizes how structured information aids in learning and retention. Participants will explore their understanding of study methods and information organization.

More Like This

Мэдээллийн системийн судалгааны санаа
7 questions

Мэдээллийн системийн судалгааны санаа

ViewableTigerEye avatar
ViewableTigerEye
Objectifs et stratégies d'apprentissage
5 questions

Objectifs et stratégies d'apprentissage

DashingSacramento avatar
DashingSacramento
Note-Taking Techniques
5 questions

Note-Taking Techniques

DeliciousConnemara5131 avatar
DeliciousConnemara5131
Insufficient Information Quiz
70 questions

Insufficient Information Quiz

StrongestMarigold avatar
StrongestMarigold
Use Quizgecko on...
Browser
Open
Browser
Browser