Deck 1: Introduction to the New Global Economy

Question 1

What is meant by a trend towards a multipolar world and why does it matter?

Answer 1

No Answer.

Question 2

What is meant by global localisation, aka "glocalisation"?

Answer 2

No Answer.

Question 3

What is the difference between de-facto and de-jure globalisation?

Answer 3

No Answer.

Question 4

What are the main drivers of globalisation?

Question 5

Identify the first three waves of globalisation and their respective main drivers.

Question 6

Identify the 3 correct statements
1. Globalisation can be understood as an increase of cross-border activities.
2. The economic rise of China vis-à-vis the advanced countries has contributed to an increasingly bipolar world.
3. Economic globalisation and regionalisation of economic activity are not necessarily mutually exclusive developments.
4. The term "de-jure globalisation" signifies the globalisation of international law.
5. Technological and political developments influence globalisation by affecting the economic behaviour of companies and households.
6. The second wave of globalisation was driven by a widespread liberalisation of cross-border capital mobility.