Introduction to Globalization and Brexit
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Introduction to Globalization and Brexit

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Questions and Answers

What is globalisation?

The increasing interconnectedness of people and places in an ever-shrinking world.

Globalisation is currently in decline in some areas.

True

What percentage of the UK population voted to leave the EU in the referendum on June 23, 2016?

  • 72%
  • 48.11%
  • 51.89% (correct)
  • 13.1%
  • What was the voter turnout for the UK EU referendum?

    <p>72%</p> Signup and view all the answers

    What date did the UK officially leave the EU?

    <p>January 31, 2020</p> Signup and view all the answers

    The EU operates as a single market allowing free trade, including no tariffs.

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

    What percentage of UK exports went to the EU between 2006 and 2018?

    <p>45% to 55%</p> Signup and view all the answers

    Who was the Prime Minister during the time of Brexit discussions?

    <p>Boris Johnson</p> Signup and view all the answers

    Study Notes

    Introduction to Globalization

    • Globalization is the increasing interconnectedness of people and places.
    • Factors driving globalisation include developments in technology, finance, security, and trade agreements.
    • Trends suggest some areas of globalisation are declining, leading to de-globalisation.
    • A critical analysis of globalisation's advantages and disadvantages (environmentally, socioeconomic, culturally) is required.
    • Recent events and developments show a rise in nationalism and self-sufficiency.

    Brexit

    • UK held a referendum in June 2016 on EU membership.
    • 51.9% voted to leave, and 48.1% to remain.
    • Significant voter turnout (72%).
    • Leaving the EU was a prolonged process.
    • Boris Johnson's 2019 general election victory cleared the path.
    • UK formally left on January 31, 2020.
    • Further negotiations will follow.
    • Potential benefits and drawbacks of Brexit are of interest.

    Advantages of EU Membership

    • UK contributed to EU budget (£13.1 billion annually).
    • Received EU funding (regional fund) offsetting some of their contributions.
    • Net contribution around £8.5 billion.
    • EU single market provided tariff-free trade and facilitated trade with other countries.
    • UK exports to EU made up a large portion (45-55%) of the total exports

    Disadvantages of EU Membership

    • Some felt that the EU was reducing power of sovereign states.
    • EU regulations led to reduced domestic control in the UK.
    • Free movement of labor caused migration issues (e.g., housing shortages in specific areas).
    • Some argued that EU membership may have increased the risk of terrorist attacks.
    • Possible uneven distribution of benefits across the UK.

    President Trump and "America First"

    • Trump's presidency aimed at reducing US engagement in global governance.
    • Policies like trade conflicts (tariffs with China) reflected this initiative.
    • Trade disputes with China resulted in tariffs on billions of dollars worth of goods.
    • Trump's administration also withdrew from the Paris Climate Agreement.
    • Decoupling from global agreements (e.g., from WHO) was also a factor.

    Rise Against Cultural Globalisation

    • Starbucks, a global coffee shop chain, has 20,000 shops in 60 countries.
    • Cultural globalisation has spread global culture.
    • Also cultural homogenisation; people see it as a positive.
    • Rise of independent shops and local businesses; a form of resistance.
    • Concepts of 'glocalisation' (adapting for local culture) have emerged.

    Negative Effects of Globalisation

    • Job losses in developed nations due to outsourcing to developing countries.
    • Increased pollution due to more international transportation and technological use.
    • Influence of large corporations on national policies and practices in nations in which they operate.
    • Example: Apple's factory conditions in China (overtime, underpayment, and exposure to dangerous chemicals).

    Conclusion

    • Despite existing de-globalisation tendencies, globalisation is likely to continue.
    • Brexit's impact on global trade remains uncertain.
    • Importance of considering the complexities of globalisation.
    • Ongoing debate about the degrees of de-globalisation taking place.

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    Description

    This quiz explores the complexities of globalization, its impacts, and the rise of nationalism. It also examines the Brexit referendum and its implications for EU membership. Analyze the advantages and disadvantages of these global dynamics through critical thinking.

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