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18 Cards in this Set
- Front
- Back
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Limitations of Absorption Costing |
-calculations include budgeted figures -the choice of basis for Overhead Absorption rate can be arbitrary -under or over absorption can occur due to changing stock levels |
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Limitations of Sub-variances |
-depends whether the targets and figures were achievable |
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What are Structural adjustment programs called now? |
Poverty Reduction Strategy Papers |
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the Year Malaysia and Thailand were offered SAPs |
1997 |
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What Happened after Thailand took the SAP and Malaysia didn't |
Malaysia grew quicker than Thailand |
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Amount of Malaysian government revenue attributable to oil |
44% |
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Growth in Ghana's GDP per capita |
50% in 10 years |
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Evidence of African Entrepreneurship |
The Top 10 states where adults are starting business are all in Africa. |
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Examples of Trade Blocs |
ASEAN, EU, North American Free Trade Agreement (NAFTA) |
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NAFTA Facts |
-in 2008, the US house of representatives rejected a free movement of Mexican trucks -there are no forms of equal legislation, totally separate |
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ASEAN Facts |
-They have an ASEAN Political Security Community which has binding rules -This Community has opted to make movements towards information sharing between governments, but this cannot be forced. |
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Date of the start of the Kosovo NATO bombings |
October 1998 |
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Date of Kosovo war end |
June 1999 |
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World Bank responding to criticism |
-Voting changes in 2010 - gave developing countries 3% more voting power -slight changes in transparency through the Open Data initiative -2010 |
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UNICEF acronym |
United Nations Children's Emergency Fund |
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Thomas Hobbes famous quote |
"Without government, life would be nasty, brutish and short" |
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Amount of World Trade Organisation Budget attributable to US |
11% - largest |
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Criticism of World Trade Organisation |
-lack of transparency - a "Consensus" needs to be achieved for a decision to go through, and most of these meetings are not open to the public -The US has a large amount of dominance, 11% of its budgest (Largest) and the WTO turns a blind eye to US tariffs -enforcing a neo-liberal financial imperialist policy on countries that may benefit from protectionism. |
