INTERNATIONAL RELATIONS

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Created by
Tesico

Cards (15)

  • International Integration- an organization established by a treaty or other instrument governed by international law and poscessing its own international legal personality.
  • Different types of international organizations- Intergovernment Organization(IGO), International or Non-Govermental Organization (INGO), Multinational Enterpriser(MNE)
  • Intergormental Organization- composed primarily of sovereign states (referred to as member of states).
  • International non-govermental organization (INGO)- A group having members from more than one country government or non-govermental, profit or non-profit
  • TYPESOF NON-GOVERNMENTAL ORGANIZATIONS(NGOs)
  • BINGO- business-Friendly international NGO. exp: Red Cross
  • ENGO- Enviromental NGO. Exp: World Wildlife Fund
  • GONGO-Government-organized Non-governmental organization. exp: myanmar women's Affairs federation
  • Multinational Enterprises (MNE)- also called multinational corporation(MNC). An enterprise producing goods or delivering services in more than one country.
  • Pros- Economies of scale-greater efficiency and lower prices.
  • PROS- MORE RESEARCH AND DEVELOPMENT, LEADING TO IMPROVED PRODUCTS
  • PROS- Create jobs and wealth around the world.
  • Cons- Scope or tax avoidance and lost tax revenue.
  • Cons- Monopoly power leads to higher prices for consumer.
  • Cons- Monopsony power s setting lower wages.