Loss of Sovereignty. Discuss the links between the diminishing effectiveness of political borders and the flow of goods / capital / labour / i deas. Discuss the shift of power from nation state to TNCs as a result of their economic size and dominance.
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Loss of Sovereignty
Discuss the links between the diminishing effectiveness of political borders and the flow of goods / capital / labour / ideas.
Discuss the shift of power from nation state to TNCs as a result of their economic size and dominance.
Discuss the role of one multi-governmental organization (EU).
Using this graphic, explain how globalization has enhanced these international flows of goods.
You must include a specific example, a theory link to the development of globalization that we have already covered and some evidence to support your ideas.
An alternative route to TNCs would be to nationalise resources, where economic activity in certain sectors is controlled by the government.
Topic Link – Resources: The geopolitics of oil supply in Nigeria.
Walmart – USA
How does Walmart shape up against other competitors and entire countries?
How do its figures for LABOUR and ECONOMIC FLOWS compare?
How does the EU increase global interactions and reduce sovereignty?
ECONOMIC FLOWS? MIGRATION? POLITICAL DECISIONS?
Are there any exceptions to the rules / laws established?
What are the potential problems that arise as a result of this organisation?
How might the EU make existing political borders confusing? Use specific examples.