‘The advantages of enlarging the EU after the end of the cold war were significant for its member states.’ How valid is this assessment? The enlargement of the EU was positive for both member states, the worlds trading and applicant states. The EU would work to bring prosperity, peace and a unity between countries which had been involved in conflict after World War two and the cold war. Even though there were negative aspects of enlarging the EU such as divisions over NATO, the expansion bought many positive aspects. In order for the EU to achieve bringing Europe together after World War 2 they would need to expand.
This was a huge investment, but has strengthened the UK economy to no end. It allows for businesses to enter and leave the country quickly and defiantly, it also allows for freight and other such businesses to operate all around Europe. It links the UK, a member of the EU with the rest of the EU, increasing trade and allowing for shared resources between England and France. Without the EU this would not be possible, not only from an investment perspective, but also from an international perspective, the concept of a county sharing a tunnel with another is a tricky one as it would be a weak
By having an economic influence, the country can also have a large number of companies and economic self-sufficiency. Trade is one of the key ways in which superpowers make money. Most world trade takes places between Europe, North America and Asia. This is trade in goods and services and is high value. It earns money for global TNCs, the majority of which are from the developed world.
Explain the term ‘globalisation’ and the role that multinational companies play in the development of globalisation. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services and has therefore lead to increased trade between countries. This trade encourages countries to work together and removes trade barriers such as quotas and tariffs. This increased openess allows countries to specialise in producing goods which they have a comparitve advantage in (this means they can produce goods at lower unit costs) A multinational Company is a corporation that has its facilities and other assets in at least one country other than its home country.
Marisa Barrera Professor Turner English 1A May 6, 2008 Lead By Example Does it ever cross anyone’s mind why a third world war has not occurred? Aside from the United Nations one other group is due gratitude for not only preventing a third world war but also for working toward world peace by encouraging cooperation among European and non-European countries. The North Atlantic Treaty Organization often referred to as NATO for short, is long overdue credit for this feat of accomplishment. Initially the alliance was formed as a defense union for Western Europe to protect democracy in response to the USSR attempt at communist takeover of Europe. Faced with an immensely difficult task of resisting an attack from a vicious enemy with an upstanding army greater than all other signatories combined (“History of the Atlantic Alliance” 1), it quickly became clear that mutual cooperation was needed to achieve their common goal.
New York rather than London became the world’s financial capital. This shows the war had a positive impact on the USA as they were increasingly depended on as trade suppliers and giving out loans to Europe, this meant that the USA’s economy benefited greatly as money was being spent on trade and interest was added onto the loans which meant they would receive more money than in they hadn’t loaned it out. When war broke out in 1914, the size of the United States army was relatively small at 120,000 strong. One of the first actions taken by the US government was to increase the size of the army through the selective service act. This introduced conscription via what became known as the draft.
World War II to 2011: Changes and Challenges in the Global Economy The aftermath of World War II was the beginning of a new era. The war ended the Great Depression. The federal government emerged from the war as a potent economic factor, able to regulate economic activity and to partially control the economy through spending and consumption. Six major changes and challenges emerged from the war that helped shape the global economy: 1. The Emergence of Women- women were needed to fill many traditionally male jobs and roles.
The Cold War was a result of the failed alliance between the US and Soviet Union. For forty years, the two nations were at odds. Each tried to become better than the other, spread their political systems, and achieve world domination. During this time period, the rivals were always on the verge of a war. The Cold War was fought with thinly veiled threats and began due to the iron curtain.
During the 1950’s and 1960’s the Soviet Unions satellite states established the Brezhnev doctrine. The Brezhnev Doctrine was established because of the Soviet Union’s ability to maintain such governmental control over Eastern Europe. An intervention of such domestic affairs with military power provided the Soviet Union a unique Political power. Surprisingly by the 1970’s the Soviet Union and the United States of Americas formed a treaty agreement to reduce the nuclear missiles both possessed. Nuclear missiles were the reasons such turmoil was established between the Soviet Union and other nations.
However, most scholars believe that internal issues of the Soviet Union lead to its downfall, with some nudging from the U.S (Roskin & Berry, 2010, p. 93-94). The United States continued to support the Mujahedin as they continued fighting the Afghani Communist government and was able to oust them in 1992. From then on, U.S. policy shifted, and funding to the Afghanis were cut. The U.S also tried to by back their Stinger missiles, to prevent them from getting into terrorist hands (Synovitz, 2005, para. 5).