AMSCO Chapter 11 Questions
what is the most common type of supranational organization and what are the three examples mentioned in the book?
Economic, WTO, ASEAN, OPEC
brussels is the headquarters of which two supranational organizations
NATO (North American Treaty Organization l) EU (European Union)
Explain both horizontal and vertical integration
horizontal integration- occurs when a corporation merged with another one that produces similar products/services vertical integration- occurs when a corporation merges with another one involved in different steps of production
what was the arab string about, where did it start and where did it spread to?
the arab spring is a movement of pro-democracy demonstrations and rebellions. it started with anti government demonstrations in tunisia. it spread to north africa and the middle east
What is globalization?
the integration of markets, states, communication, and trade on a world wide scale
because of the unprecedented competition for trade at a global scale transnational organizations are doing what
they are merging with other transnational corporations to create larger business and fewer competitors
what were the two things that europe did to try to bring peace to their region and overcome nationalism?
they eliminated national barriers and reduced tariffs
how has globalization challenged state sovereignty?
trade in goods is freer than in the past, ppl can travel easier in areas such as europe, political borders have become less significant
economic supranationalism leads to problems as well as benefits. what four examples of these problems does the book give?
transfer of jobs to inexpensive labor markets, questionable production quality, the ignorance of peoples safety, and the ignorance of environmental organizations
what is a transnational organization and how have they weakened state sovereignty?
transnational corporations are companies that conduct business on a global scale. don't have a strong connection to one country so they move around and take advantage of many countries