GEOG 216 Lecture Notes - Lecture 2: Free Trade, Commodity Market, Global Change
17 Jan 2018
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Document Summary
Economic internationalization: national eco interact with one another through exchange of goods and services btw countries. >focus on extension of eco activities across national boundaries. Diminution of the role of nation-state - nation states becomes more and more irrelevant in the new hyperglobalizers- bc national eco no longer coincide with national territorial boundaries- cause we leave in a borderless world. Transformationalist: uneven patterns of dvpt (wealth distribution changed really rapidly btw countries and within countries) Is the global eco really somth that is new ? what are the new elements what are the main actors. Trade : focused on rare values of goods : gold, silver. Trade boom gave rise to the beginning of a growth path. What is new : more capital, more people, more trade. Trade and capital flows: share of pdtion has increased: trade: increase of share of production exported, of exports in services, rise of.
