Details Title: 203 ID Description: IDs for 203 final Total Flash Cards: 7 Created: 12/07/2008 21:35:50		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Political Studies Flashcards
Cards in this set: Term Globalization Definition integration of finance, markets and technology to make the world seem smaller Term WTO Definition World Trade Organization 1. 1995, 23 GATT countries 2. a. conference (ministers) every 2 years b. general council (experts and bureaucrats) c. director general (appointed by ministers) 3. 153 members Term Tragedy of commons Definition Use of common area that becomes too overused and therefore becomes tragedy. 1. free riders: user of the land for self-interest and at other's expenses 2. Soroos: English pasture Term Double edged nature of Identity Definition 1. need "out" groups to make unity 2. but causes discrimination Term Organization for African Unity Definition 1963, response to de-colonization 1. respect current boundaries 2. eventual political unity 3. stay neutral during CW Term Outsourcing Definition ability of a company to send labor elsewhere for cheaper labor and more profits 1. winners: consumers, businesses, stockholders losers: workers losing jobs Term GATT Definition Global agreement on Tariffs and Trade 1. 1948, 23 countries 2. cause by Smoot-Hawley tariff (1930, stock market crash) 3. commerical treaty, NOT organization 4. lead to WTO