1. CH. 27 GLOBAL INTERDEPENDENCE STANDARD

2. ECONOMIC INTERDEPENDENCE WE LIVE IN A WORLD OF GLOBAL ECONOMIC INTERDEPENDENCE COUNTRIES OFTEN DEPEND ON FOREIGN COUNTRIES FOR THE GOODS THAT THEY NEED & SELL THE GOODS THEY PRODUCE TO FOREIGN MARKETS

3. COSTS AND BENEFITS BENEFITS OF GLOBAL TRADE: MORE PROFIT WIDER SELECTION OF GOODS LOWER PRICES FOR GOODS COSTS OF GLOBAL TRADE: DEVELOPED COUNTRIES CAN LOSE UNSKILLED, LOW WAGE JOBS

4. PROTECTIONISM SOME COUNTRIES PRACTICE PROTECTIONISM – PUTTING IN PLACE BARRIERS TO TRADE TO PROTECT JOBS QUOTAS – LIMIT THE QUANTITY OF IMPORTED GOODS TARIFFS – TAX IMPORTED GOODS TO MAKE THE PRICE MORE COMPETITIVE WITH LOCALLY MADE GOODS

5. FREE TRADE MANY COUNTRIES ARE TURNING TO FREE TRADE (BREAKING DOWN TRADE BARRIERS) WTO, EU, NAFTA

6. GLOBALIZATION ENVIRONMENTAL – INTERNATIONAL AGREEMENTS TO CUT POLLUTION HUMANITARIANISM (POLITICAL, MEDICAL, FOOD/WATER) – AID IN NATURAL DISASTERS (NEPAL EARTHQUAKE, INDIAN OCEAN TSUNAMI) TERRORISM, WAR/PEACE – INTERNATIONAL AGREEMENTS TO COMBAT TERRORIST GROUPS, PEACEKEEPING MISSIONS

7. INTERNATIONAL ORGANIZATIONS INTERNATIONAL ORGANIZATIONS TRY TO DEAL WITH THESE GLOBAL ISSUES UNITED NATIONS (UN) – MEMBER NATIONS COME TOGETHER TO MAINTAIN INTERNATIONAL PEACE AND PROMOTE PEACEFUL COOPERATION TO SOLVE GLOBAL PROBLEMS

8. UNITED NATIONS GENERAL ASSEMBLY – ALL MEMBER NATIONS ARE REPRESENTED CONSIDERS NEW MEMBERSHIP, BUDGET, INTERNATIONAL PEACE ISSUES UN RESOLUTIONS CONDEMNING ACTIONS THAT VIOLATE PEACEFUL OR HUMANITARIAN IDEALS

9. UNITED NATIONS  Security Council –  15 member nations, with 5 permanent members always represented (US, Russia, United Kingdom, France, China) troubled  Approves missions in regions (sending “Peacekeepers”); places sanctions on nations barring trade, military relations, etc.

10. NATO NORTH ATLANTIC TREATY ORGANIZATION (NATO) ORIGINALLY FORMED BY WESTERN POWERS TO COMBAT THE SPREAD OF COMMUNISM; NOW UNDERTAKES MILITARY MISSIONS AGAINST VIOLENT/THREATENING STATES LEADS INTERNATIONAL COALITION MILITARY ACTIONS IN CASES OF CIVIL WAR, GENOCIDE, THREATS OF AGGRESSION