recording lesson 1

• Studying the wold is the cure to PAROCHIALISM.

  PAROCHIALISM- outlook that is limited to once immediate community.

  PAROCHIAL PERSON- “open minded”.
• why do wee need to. stidy the world?

  1. to be aware about contemporary issues
  2. to developed competencies and construct knowledge
• globalization is best described as “unrestricted” meaning “beyond borders”
• goals of globalization

  1. increased international trade beyond countries
  2. increased cultural relation among countries
  3. improved underdeveloped countries
• globalization refers to existence of exchange of goods and services
• tax imposed on goods that is transported to protect the countries economy?

  customs duty
• customs duty is based on?

  characteristics of goods
• TARIFF is imposed on imported goods
• effort of large group to achieve particular goald (transnational or local)?

  social movement
• this refers to disappearance of state restriction on both domestic or international businesses ?

  deregulation
• this refers to the process of relaxation from government control?

  liberalization
• what is the benefit of liberalization?

  reduces the price of goods
• what is the benefit privatization?

  improve efficiency
• enumerate the 3 international trading system?

  1. silk road (china to middle east and europe)
  2. galleon trade (manila to acapulco)
  3. gold standard (uk and us)
• this serves as the economic belt?

  silk road
• he used this to travel from manila to china?

  silk road (marco polo)
• monetary system where the currency and money has a value directly linked to gold?

  gold standard
• who said that globalization is a “contested concept”?

  manfred steger
• what are the four freedoms?

  1. free movement of goods and products
  2. services
  3. capital or investments
  4. person
• this is a type of political of economic alliance?

  European Union
• how many countries that EU has?

  27
• what are the goals of EU?

  1. business
  2. growth
  3. trade
• this is the most powerful trade blocks?

  eu
• how many countries does IBRD involved?

  189
• this aims to have or create a difexed international currency exchange rate?

  bretton wood system
• what are the biggest financier of bretton wood system?

  IMF and WB
• MINT is ascribed the manufacturer of silver in temple of JUNO MONETA
• currency is backup with gold
• to escape political prosecution of war?

  political migration
• refers to single community linked to telecommunication?

  global village or global consciousness
• who argues that one consequence of globalization is detraditionalization?

  anthony giddens
• 2 types of government independent?

  1. international non-governmental organization
  2. social movement organization
• type pf government-independent which focuses more on humanitarian and social areas?

  international non-governmental organizations
• type of government-independent focuses more on political and social issues?

  social movement organization
• 4 components of political globalization?

  1. national government
  2. governmental
  3. intergovermental
  4. goverment-independent
• main objectives of UN?

  1. maintain international peace and security
  2. promote human rights and global development