GMS 400 Lecture Notes - Lecture 5: Import License, Nato, Purchasing Power Parity

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 400
• Professor: Dale Carl

Document Summary

Npt was created to preserve peace, the 5 countries that won ww2 was originally part of un (had nuclear weapons) then india, pakistan joined. Mutually assured destruction (mad) : aiming nuke against each other, (you take me out, ill take you out) North korea"s best option to test nukes is japan (see picture on slide 3) In 1910 japan invaded korea, due to the location of korea. Korea with books, used it as a place to grow food, used korean woman as prostitutes. Ww2 japan was defeated, usa took over south and china took over north. Usa provides nuclear umbrella to japan, south korea, philippians (if you get attacked by nukes, we have your back) North korea, feeling threatened they want to defend themselves took all their money and invested in military. Agreed to 1994 agreed framework: nk would stop nuclear activities and in return usa would supply light water nuclear reactors.