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Stack #4673452
| Question | Answer |
|---|---|
| globalization | a increase in economy cultures and societies into benefiting the country |
| International organization | a group fromed by countries or a individual from multiple naions working together on a common goal like trade or aid from a treaty |
| Economic Liberalization | policy of reducing government control over the economy |
| Structural Adjustment Programs | Economic policy packages imposed by the world bank and intional monetary fund on developing countries hopes to help country debt |
| Suprantional oganizaion | is a union of three or more countries that agree to give up some of their own power to a higher authority in exchane for common benefits like economic growth stability or security |
| How can a Multinational corporations impact globlization? How do they impact rentier states? | MNC's are drive by globalization connecting economies though cross border trade, they create jobs while making politcal influence by exploiting labor avoiding taxes and reducing local sovereignty |
| how can a multinational corporation and globalization weaken state sovereignty | can weaken sovereignty by reducing a governments control over its economy, policy and territory, MNC to lower standerds |