SOCIOL 2S06 Lecture Notes - North American Free Trade Agreement, Nationstates, World Trade Organization

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Geographical clustering of phorfor economic and social exchanges. Some theoriest argue that these econ activity is found in three core block eu, asia- pacific, There is a tendency toward economic and financial interdependence within each of these three zones. This regionalization/interconnectedness occurs in 3 ways organization, forums and agreements that have emerged: organization we have the eu union (eu) Theorist argue this is an example of econ interdependence: forums asia pacific economic cooperation (apec, agreements north american free trade agreement (nafta) Political globalization involves transferring some of the power and decision making of various countries to other entities. Destinction is made between two concept of nation state and the state: nation state is a country, state is something else. Each nation state is going to have a state to admin its affairs states exist within the country organization and political globalization. Under the authorit y of these organizations they are doing the same thing.

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