ib international agreements, organizations and policies

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alazeidan
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220480
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ib international agreements, organizations and policies
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2013-05-20 22:18:52
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  1. advantages of nafta
    • creation of jobs
    • access to better raw materials, talents, capital and technology
    • increase trade among members
    • establishment of standards: health, safety and industrial
    • increase investment opportunities
  2. disadvantages of nafta
    • manufacturing jobs moved to Mexico because of the cheaper labour
    • Mexican farmers where put out by large American Corp Farms
    • suppressed wages in the USA and Canada -
    • labour was focused to worker for less to compete with Mexican labour
  3. Binding:
    powers placed under the legal obligation
  4. NO FREE TRADE
    USA owes Canada 5 billion dollars
  5. advantages of eu (8)
    • Advantages of EU:
    • Decreases the risk of exchange-rate fluctuations
    • price transparency
    • elimination of transaction costs
    • easy billing
    • increase markets
    • economic stability
    • enhanced labour movement (if you're a
    • European citizen you can work anywhere in the EU)
  6. disadvantages of the eu (3)
    • initial cost
    • lack of national control
    • loss of tradition
  7. asia pacific economic cooperation
    • Not a trade agreement, it is an organization
    • a trade organization created in 1989, that
    • unities twenty-one of the countries surrounding the Pacific Ocean to co-operate
    • on regional trade.
    • Its goals are to foster OPEN and FREE trade among its members, increase prosperity an economic growth, and develop the Asia Pacific community
    • China, Russia, Canada,  United
    • States, Japan, Mexico, Peru, Australia, South Korea, Vietnam, Singapore,
    • Philippines, New Zealand, Indonesia, etc
  8. OPEC
    • organization of the Petroleum Exporting Countries 
    • very powerful group of individuals (1970s)
    • -->organization of petroleum exporting companies
    • -->Middle East
  9. world trade organization (WTO)
    • --> An International organization established in 1995 with over 150 members that promotes trade liberalization throughout the world
    • -->opens up borders but it's advocating the
    • richer countries which are taking advantage of poorer countries
    • -->the main purposes of the WTO are:
    •      -->to act as a forum for negotiations
    •      -->to provide a set of rules that have been negotiated and signed by the governments of member countries
    •      -->to offer a forum for dispute settlement
  10. system access fee
    • a non governmental surcharge imposed on most canadian cell phone companies
    • companies claim its for network operation and maintanance charge
  11. G8
    • -->a trade organization encompassing the major economies of the world, which meet to discuss macroeconomic issues such as economic growth, trade liberalization, and helping developing countries
    • -->France,  United States, Japan,
    • Canada, Great Britain, Italy, Germany, Russia
  12. G20
    • -->A trade organization established during
    • the economic crisis of the 1990's to provide a discussion forum for the major
    • economies of the world beyond the G8
    • The G20 focuses on:
    • -->economic and employment growth
    • -->elimination of trade barriers
    • -->reforming financial institutions and regulations
    • -->restructuring global financial organizations
  13. world bank
    • -->gives loans to developing countries
    • -->an organization with 186 members countries that provides monetary and technical support for developing countries
    • -->provides loans and grants to assist with education, health, infrastructure, farming, environmental issues, resources management, and other economic concerns
  14. international monetary fund
    • -->an organization whose purpose is to
    • promote financial stability, prevent and solve economic crises, encourage growth, and assuage poverty.
    • -->it does this by:
    •      -->encouraging countries to adopt responsible economic policies
    •      -->lending money to emerging and developing countries
    •      -->providing technical training in areas such as banking regulations and exchange rate policies
  15. NRA  (national riffle association)-
    lobbyist group
  16. CSR corporate social responsibility advantages
    • -Human Resources
    • -Risk Management
    • -Brand Differentiation
    • -Stakeholders Management
    • -Business Development
  17. CSR corporate social responsibility disadvantages
    • -May take management focus away from core business activity
    • -May appear cosmetic without genuine social benefit
    • -May make organization more vulnerable to revelation of bad/unethical business practice
    • -A restriction to free trade
  18. Corporations are only responsible to their shareholders and not to society as a whole
    Milton Freeman
  19. Corporate Corruption
    • -Corporate corruption refers to involvement in illegal activities to further one's business interests
    • -Canadian legislation makes it illegal to engage in practices such as bribes or excessively high commissions in return for business favours under the
    • "THE CORRUPTION OF FOREIGN OFFICIALS ACT"
  20. CEO
    day to day business
  21. corporation
    • make money
    • Corporations need:
    • Suppliers
    • Government
    • Pensions
    • Local community
    • Employees
    • Shareholders
    • Special Interest groups
  22. Monsanto
    • kill the seed so that it cannot reproduce itself then sell it
    • given to farmers told it will help develop vegetables seeds that enable growers to produce tastier, more nutritious vegetables that help them conserve natural resources.
    • however they must purchase seed every year
  23. Money market fund
    invest money in a company and as economy grows, money of the investor increases

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