Exam (elaborations)
Unit 6 - Global risks and resilience (1).
- Module
- Gpstc Criminal Law.
- Institution
- Gpstc Criminal Law.
Unit 6 - Global risks and resilience (1).
[Show more]
Seller
Follow
Content preview
Unit 6 - Global risks and resilienceRisk - correct answer-A real or perceived threat against any aspect of social or economic
life.
'black swan' events - correct answer-'Unthinkable' high-impact, hard-to-predict and rare
occurrences.
Political sovereignty - correct answer-The freedom of a state to govern itself fully,
independent of interference by any foreign power.
Economic sovereignty - correct answer-The freedom of a state from any outside intervention
in its markets and trading relationships.
Sovereign wealth funds (SWFs) - correct answer-Money used by state governments to
purchase large overseas assets such as power stations and rail infrastructure.
Profit repatriation - correct answer-A financial flow of profits from a country where a TNC has
overseas operations back to the country where its headquarters are.
Transfer pricing - correct answer-A financial flow occurring when one division of a TNC
based in one country charges a division of the same firm based in another country for the
supply of a product or a service.
Corporate migration - correct answer-When a TNC changes its corporate identity, relocating
its headquarters to a different country.
Expatriate - correct answer-Someone who has migrated to live in another state but remains
a citizen of the state where they were born.
Disruptive technology - correct answer-A technology which brings major changes to the way
people live and work instead of merely supporting and enhancing the current way things are
done.
Tribalization - correct answer-The rise of 'us and them' political movements, which are often
opposed to globalization or Westernization.
Populism - correct answer-The idea that every political decision in a democracy should
reflect what the majority of citizens believe, not what the majority of politicians believe.
Negative externalities - correct answer-Costs that arise on account of economic activity,
including uncompensated-for environmental damage.
Atmospheric and ocean transfers - correct answer-The planetary-scale air and water
movements that result from the uneven heating of the Earth by the Sun.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller modockochieng06. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.30. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78834 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now