[Geography 3422A/B] - Midterm Exam Guide - Comprehensive Notes for the exam (24 pages long!)
7 Feb 2017
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Week 1: foreign-exchange markets, software being transmitted to silicon valley by satellite. Most information are local in nature: geography is important in order to access information. Multinationals: created head quarters in different areas of the world to be able to control operations, geographic concentration. Silicon valley in california, currency trading in london. Nasdaq bought chi x canada: account for 1/5. History counts: where you are depends on where you started from, spatial inertia. When one invest in an area, it is hard to move it (costly) Increase in face-to-face contact, personal relations matter more than ever. Top 10 largest canadian corporations in global scale (2000) . 7 trillion dollars in the stock market exchange up by 12% Money: relationship between debtor and creditor, built with trust: a promise to pay for what one has obtained from another. Interest: amount paid to a lender above the principal loan: lenders must have security from the merchant.
