Globalization Overview

Globalization is the process of interconnectedness, while globalism/internationalism are the terms used to describe the increasing interconnectedness.

True

<p>False</p> Signup and view all the answers

<p>The three inherent powers of the state are legislative, executive, and judicial.</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>All of the above</p> Signup and view all the answers

<p>Globalization is characterized by the expansion and intensification of social relations and consciousness across world-time and world-space, as well as the increasing flow of ideas, people, goods, services, technology, and capital.</p> Signup and view all the answers

<p>The jurisdictional gap is the discrepancy between the growing need for global governance in areas such as health and the absence of a global authority with the power to act.</p> Signup and view all the answers

<p>The incentive gap refers to the tension between the need for international cooperation and lack of motivation among nations to engage in it.</p> Signup and view all the answers

<p>The participation gap highlights the limited involvement of civil society groups in international policymaking.</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>All of the above</p> Signup and view all the answers

<p>MNCs are centralized and TNCs are decentralized.</p> Signup and view all the answers

<p>Central banks play a vital role in leading economic development and influencing national economies.</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>Market integration is a process by which economies become more interdependent and interconnected through the flow of goods, services, and capital.</p> Signup and view all the answers

<p>A competitive strategy that aims to increase market power through mergers or acquisitions.</p> Signup and view all the answers

<p>A strategy where a company becomes involved in new portions of the value chain.</p> Signup and view all the answers

<p>A company moving up the value chain to acquire a supplier.</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>All of the above</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>SDG 1 aims to end poverty in all its forms by 2030.</p> Signup and view all the answers

<p>SDG 2 aims to end hunger and all forms of malnutrition by 2030.</p> Signup and view all the answers

<p>SDG 3 seeks to ensure healthy lives and promote well-being for all at all ages.</p> Signup and view all the answers

<p>SDG 4 aims to ensure inclusive and equitable quality education, and promote lifelong learning opportunities for all.</p> Signup and view all the answers

<p>SDG 5 aims to achieve gender equality and empower all women and girls.</p> Signup and view all the answers

<p>SDG 6 aims to ensure availability and sustainable management of water and sanitation for all.</p> Signup and view all the answers

<p>SDG 7 aims to ensure access to affordable, reliable, sustainable, and modern energy for all.</p> Signup and view all the answers

<p>SDG 8 aims to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.</p> Signup and view all the answers

<p>SDG 9 aims to build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.</p> Signup and view all the answers

<p>SDG 10 aims to reduce inequality within and among countries.</p> Signup and view all the answers

<p>SDG 11 aims to make cities and human settlements inclusive, safe, resilient, and sustainable.</p> Signup and view all the answers

<p>SDG 12 aims to ensure sustainable consumption and production patterns.</p> Signup and view all the answers

<p>SDG 13 aims to take urgent action to combat climate change and its impacts.</p> Signup and view all the answers

<p>SDG 14 aims to conserve and sustainably use the oceans, seas, and marine resources for sustainable development.</p> Signup and view all the answers

<p>SDG 15 aims to protect, restore, and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and biodiversity loss.</p> Signup and view all the answers

<p>SDG 16 aims to promote peaceful and inclusive societies for sustainable development, provide access to justice for all, and build effective, accountable, and inclusive institutions at all levels.</p> Signup and view all the answers

<p>SDG 17 aims to strengthen the means of implementation and revitalize the global partnership for sustainable development.</p> Signup and view all the answers

<p>The three key aspects are: Factors in production intensification, Compression of time and space, and A material power in historical structure.</p> Signup and view all the answers

<p>Governments are responsible for regulating the flow of goods and services across borders.</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>GIS is an institutional arrangement of governance that addresses regional or globalized issues that go beyond the scope of a nation-state.</p> Signup and view all the answers

<p>Economy</p> Signup and view all the answers

<p>Social Contract Theory</p> Signup and view all the answers

<p>Subterranean</p> Signup and view all the answers

<p>Sovereignty is the supreme power of the state to exact obedience to its laws upon the citizens. It is the power to command obedience, to which legally speaking, all interests are practically subject and all wills coordinate.</p> Signup and view all the answers

<p>The UN General Assembly is the main decision-making and representative assembly, responsible for upholding the principles of the UN through its policies and recommendations.</p> Signup and view all the answers

<p>UN Security Council</p> Signup and view all the answers

<p>The jurisdictional gap refers to the discrepancy between the increasing need for global governance in areas like health and the lack of a single authority with the power or jurisdiction to take effective action.</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>The participation gap arises because international cooperation primarily involves governments, while civil society groups are often marginalized in policymaking.</p> Signup and view all the answers

<p>Economic globalization involves the expansion of national economies, the growth of the global market driven by modern technologies, and institutional setups that promote faster and easier flow of goods and capital.</p> Signup and view all the answers

<p>World Health Organization (WHO)</p> Signup and view all the answers

<p>United Nations Development Programme (UNDP)</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>Central banks are considered powerful institutions in the world economy as they can influence economic development. Some argue they are more influential than politicians in their own national economies.</p> Signup and view all the answers

<p>TANs are networks of individuals and groups that advocate for specific causes and policies. They often promote principled ideas and norms, and their actions may not be easily linked to traditional interest-based rationalism.</p> Signup and view all the answers

<p>Market integration is a process where economies become more interdependent and interconnected through flows of commodities, including externalities and spillover effects.</p> Signup and view all the answers

<p>Vertical integration involves a company expanding its operations to control different stages of the value chain, including both suppliers and buyers.</p> Signup and view all the answers

<p>Backward vertical integration</p> Signup and view all the answers

<p>Forward vertical integration</p> Signup and view all the answers

<p>False</p> Signup and view all the answers

<p>The establishment of the WTO</p> Signup and view all the answers

<p>The SDGs are a set of 17 goals adopted by the United Nations in 2015 to address key global challenges, including poverty, hunger, inequality, environmental degradation, and climate change. They aim to promote sustainable development and improve the well-being of people and the planet by 2030.</p> Signup and view all the answers

<p>SDG 3 seeks to ensure health and well-being for all, at every stage of life, addressing major health priorities such as reproductive, maternal, and child health; communicable and non-communicable diseases; and universal health coverage.</p> Signup and view all the answers

<p>SDG 10 aims to reduce inequality within and among countries. It calls for reducing income inequality, promoting social inclusion, and ensuring equal opportunities for all, regardless of background or status.</p> Signup and view all the answers