Podcast
Questions and Answers
What concept suggests that countries should only export goods they can produce more efficiently than others?
What concept suggests that countries should only export goods they can produce more efficiently than others?
- Protectionism
- Foreign Direct Investment
- Migration
- Specialization (correct)
Which type of investment involves an investor establishing a lasting interest and influence in an enterprise in another economy?
Which type of investment involves an investor establishing a lasting interest and influence in an enterprise in another economy?
- Foreign Direct Investment (correct)
- Diffusion of Technology
- Capital Market Flows
- Migration
What term refers to the movement of capital from one country to another due to investment flows, including stock and bond investments?
What term refers to the movement of capital from one country to another due to investment flows, including stock and bond investments?
- Protectionism
- Diffusion of Technology
- Migration
- Capital Market Flows (correct)
In the context of globalization, what role does technology play?
In the context of globalization, what role does technology play?
What is the purpose of countries importing goods they cannot produce efficiently, according to the text?
What is the purpose of countries importing goods they cannot produce efficiently, according to the text?
Which economic concept involves the movement of people from one country to another?
Which economic concept involves the movement of people from one country to another?
What defines Transnational Corporations (TNCs) according to Biersteker?
What defines Transnational Corporations (TNCs) according to Biersteker?
What is the primary characteristic of the Westphalian System in international relations?
What is the primary characteristic of the Westphalian System in international relations?
Why do weaker states often join forces against dominant states, according to the text?
Why do weaker states often join forces against dominant states, according to the text?
What is the main characteristic of the Outsourcing practice mentioned in the text?
What is the main characteristic of the Outsourcing practice mentioned in the text?
How do Nations differentiate from States based on the text's explanation?
How do Nations differentiate from States based on the text's explanation?
What led to the establishment of the modern international system under the Westphalian System?
What led to the establishment of the modern international system under the Westphalian System?
What regions are typically included when referring to the Global South?
What regions are typically included when referring to the Global South?
What term was commonly used during the Cold War era to refer to countries that were non-aligned or rejected colonialism?
What term was commonly used during the Cold War era to refer to countries that were non-aligned or rejected colonialism?
What classification system does the World Bank use based on Gross National Income (GNI) per capita?
What classification system does the World Bank use based on Gross National Income (GNI) per capita?
In modern times, what terms have replaced 'Third World' in describing certain countries?
In modern times, what terms have replaced 'Third World' in describing certain countries?
What do low income countries (LICs) refer to in the World Bank Classification System based on GNI per capita?
What do low income countries (LICs) refer to in the World Bank Classification System based on GNI per capita?
Which regions are considered part of the Global South according to the text?
Which regions are considered part of the Global South according to the text?
Which institution provides economic grants and overseas development assistance programs?
Which institution provides economic grants and overseas development assistance programs?
Which Asian country is specialized in the production of electronics and copper?
Which Asian country is specialized in the production of electronics and copper?
Which Asian country is known for its production of palm oil, rubber, and natural gas?
Which Asian country is known for its production of palm oil, rubber, and natural gas?
Which Asian initiative is characterized by a rules-based approach similar to the European Union?
Which Asian initiative is characterized by a rules-based approach similar to the European Union?
In response to globalization, which countries engaged in a dialogue to formulate visions and share goals for regional cooperation?
In response to globalization, which countries engaged in a dialogue to formulate visions and share goals for regional cooperation?
Which country created its own currency 'bia' that was regulated by a central bank in a village?
Which country created its own currency 'bia' that was regulated by a central bank in a village?
What is the primary objective of the Economic and Social Council (ECOSOC)?
What is the primary objective of the Economic and Social Council (ECOSOC)?
Which UN body is known as 'the World Court'?
Which UN body is known as 'the World Court'?
What does UNICEF primarily work towards?
What does UNICEF primarily work towards?
What is the role of the Secretariat within the UN?
What is the role of the Secretariat within the UN?
Which UN agency focuses on strengthening healthcare systems globally?
Which UN agency focuses on strengthening healthcare systems globally?
What is the aim of the Human Development Index (HDI)?
What is the aim of the Human Development Index (HDI)?
