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International trade

globalization

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Tutorial Discussion Notesheet Student Name: KEUNG Ying Chun Michael Student UID: 3035276294 Type your notes in this box. This box must be no more than half an A4 page. Do not use full sentences in your notes. Last semester, quite a few students were penalized for reading sentences straight from their notesheet. Use point form, Times New Roman font 12, single spacing. Is the impact of globalization positive or negative? Globalization global westernization/dominance? Pros: Spread of knowledge e.g. math innovation like decimal system (1) Possibility of global negotiation Easier for knowledge distribution(2)i.e. language studies and learning Help rise poor countries gdp per capita 1.4% to 5% If not-> DECLINE GROWTH RATE 3.33% to 0.8%

AP Euro Chapter 16

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Periods of European Overseas Empires: 1.) Initial Discovery, Exploration, and Conquest - Penetration of Southeast Asian markets by Dutch + Portugal 2.) Mercantile Empires - Colonial trade rivalry between Spain, France, and Great Britain. - Commercial goals, build-up of large navies. - Large presence of slavery. - Colonial emancipation from European control. 3.) New Formal Empires (19th century) - Direct administration of African and Asian natives. - New empires in Australia, New Zealand, South Africa, Algeria. - Technical free labor, natives still treated harshly. 4.) Decolonization of people formally under European rule ? ? European dominance achieved by gun + ships. Mercantile Empires: ? Portugal - Brazil

AP Euro Chapter 16

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Periods of European Overseas Empires: 1.) Initial Discovery, Exploration, and Conquest - Penetration of Southeast Asian markets by Dutch + Portugal 2.) Mercantile Empires - Colonial trade rivalry between Spain, France, and Great Britain. - Commercial goals, build-up of large navies. - Large presence of slavery. - Colonial emancipation from European control. 3.) New Formal Empires (19th century) - Direct administration of African and Asian natives. - New empires in Australia, New Zealand, South Africa, Algeria. - Technical free labor, natives still treated harshly. 4.) Decolonization of people formally under European rule ? ? European dominance achieved by gun + ships. Mercantile Empires: ? Portugal - Brazil

AP Econ Chapter 3 outline

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3:Interdependence and the Gains From Trade Intro we rely on other people for goods and services we buy interdependence is possible bc of trade A Parable for the Modern Economy trade allows a greater variety benefit $$$ by specializing in what your best at Production Possibilities spend all your time on one item, can produce lots of that item and none of the other and vice versa, or can split time between the two rancher & farmer have to make a decision, tradeoff between time on meat and time on potatoes self sufficiency means consuming only what you can produce Specialization and Trade rancher and farmer: specializing in what they?re good at allows them to make the most of that item as possible.

ch.45

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Chapter 7 Questions Level 1 Mercantilism What was the mercantile system/theory? put upon by the British. Shaped the idea of major policies. Believed that wealth was power; a country?s economic wealth could be measured by the amount of gold or silver. Basic goal: export more than what was being imported. Relied on strong central governments to be enforced. What occurred during the Boston Tea Party? What were the Acts that were established? Describe each. Level 2 Questions. What impact did the Navigations Act (NA) have upon the colonies economic system? Explain. 1763 NA.

AP US Ch. 9 outline

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Chapter 7 Questions Level 1 Mercantilism What was the mercantile system/theory? put upon by the British. Shaped the idea of major policies. Believed that wealth was power; a country?s economic wealth could be measured by the amount of gold or silver. Basic goal: export more than what was being imported. Relied on strong central governments to be enforced. What occurred during the Boston Tea Party? What were the Acts that were established? Describe each. Level 2 Questions. What impact did the Navigations Act (NA) have upon the colonies economic system? Explain. 1763 NA.

McConnel Brue Chapter 6 Study Questions

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Chapter 6 Notes and Questions Friday, January 25, 2013 1:08 AM ? The United States in the Global Economy Topic Question numbers __________________________________________________________ 1. International linkages 1-7 2. Trade: volume, facilitating factors, participants 8-25 3. Specialization and comparative advantage 26-50 4. Foreign exchange market 51-68 5. Trade barriers 69-74 6. Multilateral agreements: free trade zones; implications of the global economy 75-102 Consider This 103-106 Last Word 107-108 True-False 109-124 __________________________________________________________ Multiple Choice Questions International linkages Type: D Topic: 1 E: 91 MI: 91 MA: 91 1. The physical export of motorcycles from the United States to Mexico best illustrates a:

Maquiladora

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Maquiladoras-The term given to zones in northern mexico with factories supplying manufactured goods to the Unites States market. The low-wage workers in the primarily foreign-owened factories assemble imported raw materials and then export finished goods.
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Tariffs (through 1846) and Politics in the 1840s

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Tariffs (through 1846) and Politics in the 1840s Tariff Rates (1816-1846) 1816 (25%)- 1st truly protective tariff in history of country, part of Clay’s American System 1828 (45-50%)- Tariff of Abominations, election trick pushed through by Jackson supporters in Congress to blame John Quincy Adams for the high rate, causes the nullification crisis 1832 (35-40%)- 1st compromise tariff to settle nullification crisis, South still not satisfied 1833 (25%)- Henry Clay’s famous compromise to defuse the nullification crisis, Force Bill/Bloody Bill attached to the passage of this tariff 1842 (32%)- passed under Tyler administration, actually favors south because rate kept relatively low even though there were calls for a much higher rate
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