Podcast
Questions and Answers
What is the name of the organization that replaced GATT?
What is the name of the organization that replaced GATT?
What is the main function of a tariff?
What is the main function of a tariff?
How many member states are there in the European Union?
How many member states are there in the European Union?
Which of the following is NOT a member of the Arab League?
Which of the following is NOT a member of the Arab League?
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What is the primary function of OPEC?
What is the primary function of OPEC?
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Which organization does Brunei belong to?
Which organization does Brunei belong to?
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What is the main reason for the failure of LAFTA?
What is the main reason for the failure of LAFTA?
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How many member states are there in SAARC?
How many member states are there in SAARC?
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What is New York City known as?
What is New York City known as?
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What is the main objective of the United Nations?
What is the main objective of the United Nations?
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Which of the following cities is known as the 'Las Vegas of China'?
Which of the following cities is known as the 'Las Vegas of China'?
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What is the name of the international organization that aims to promote global peace and security?
What is the name of the international organization that aims to promote global peace and security?
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Which city is considered the 'Entertainment Capital of the USA'?
Which city is considered the 'Entertainment Capital of the USA'?
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What is the name of the UN agency responsible for promoting education, science, and culture?
What is the name of the UN agency responsible for promoting education, science, and culture?
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What is the name of the city in the Philippines that is known as a 'Global City'?
What is the name of the city in the Philippines that is known as a 'Global City'?
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What is the name of the council that is responsible for maintaining international peace and security?
What is the name of the council that is responsible for maintaining international peace and security?
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Study Notes
Global Cities
- New York City, USA: Financial Capital of the World, also known as the "Big Apple"
- London, UK: Financial and Cultural Center of Europe
- Tokyo, Japan: Technological and Cultural Capital of Asia
- Paris, France: Cultural Metropolis
- Hong Kong, China: Asia's Financial Center
- Singapore: South East Asia Financial and Economic Hub
- Los Angeles, USA: Entertainment & Innovation Capital
- Shanghai, China: Political & Cultural Capital
- Chicago, USA: Political & Transportation Hub of the Midwest
- Beijing, China: Political & Cultural Capital of China
- Seoul, Korea: Cultural Center of East Asia
- Bonifacio Global City (BGC), Philippines: Global City
- Clark, Philippines: Global City, 9,000 hectares
International Organizations
United Nations
- Formed in 1945 after World War II
- Main objective: maintain peace in the world
- Organs of UN:
- General Assembly
- Security Council
- Economic and Social Council
- International Court of Justice
- Trusteeship Council
- Secretariat
- Big 5: USA, Britain, France, Russia, China
Sub-Agencies of UN
- UNESCO (UN Educational, Scientific and Cultural Organization)
- UNICEF (International Civil Aviation Organization)
- ILO (International Labor Organization)
- WHO (World Health Organization)
Trade Organizations
- GATT (General Agreement on Tariffs and Trade): failed due to lack of protection for IP rights and failure to punish irregularities
- WTO (World Trade Organization): replaced GATT
- Tariff: tax imposed on imported products
- Subsidy: direct payment made by the government to companies to purchase imported products
- Quota: number of limits of imported products and services
- Excise tax: taxation primarily to raise revenue for the government
Regional Organizations
- ASEAN (Association of South East Asian Nations)
- Member states: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam
- 5 Pioneer countries: Indonesia, Malaysia, Philippines, Thailand, Singapore
- EU (European Union)
- 27 member states
- United Kingdom: former member state that separated from the Union
- Lisbon treaty: international agreement that amends the two treaties which form the constitutional basis of the EU
- Eurozone: economic and geographic region consisting of all EU countries that use the Euro as their official currency
- SAARC (South Asian Association for Regional Corporation)
- 8 member states: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka
- GCC (Gulf Corporation Country)
- Also known as Arab State of the Gulf
- Member states: Saudi Arabia, Kuwait, UAE, Qatar, Bahrain, Oman
- Arab League
- Member states: Egypt, Lebanon, Syria, Jordan, Iraq
- OPEC (Organization of the Petroleum Exporting Countries)
- Member states: Iran, Iraq, Saudi Arabia, Kuwait, Venezuela
- Non-OPEC members: Russia, China, Norway (competitors of OPEC)
Other Organizations
- LAFTA (Latin American Free Trade Agreement)
- Montevideo Treaty
- Failure: agricultural and service tariffs not included in free trade
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Description
Explore the world's most influential cities, known for their financial, cultural, and technological significance. From New York to Tokyo, and Paris to Shanghai, discover the characteristics that make them global hubs.