Eduqas A-Level Sociology A200QS
Culture and the Social Construction of Culture
Socialisation and Its Agencies
Socialisation and Identity
Option: Families and HouseholdsFamilies
Option: Youth CulturesYouth cultures
Option: EducationEducation
Option: MediaMedia
Option: ReligionReligion
Research Methods: Primary and Secondary
Sampling, Ethics and Practical Issues
Key Concepts and Theories of Research
Social Inequality: Evidence and Patterns
Theories and Explanations of Inequality and Stratification
Option: Crime and DevianceCrime
Option: Health and DisabilityHealth
Option: PoliticsPolitics
Option: World SociologyWorld sociology
Option: World Sociology
Globalisation, transnational corporations and world trade
- 3 things to know
- Component 3 Section B
Overview
Main dimensions of globalisation, transnational corporation and transfer pricing.
What you need to know
Answer each one before you reveal it.
What distinguishes hyperglobalist, sceptical and transformationalist positions?
What is the case that transnational corporations hinder development?
Questions from this subtopic
Each one with the model answer underneath.
- 1
What is globalisation?
Model answer
Globalisation is the increasing interconnection of societies through trade, investment, migration, communication and culture. Events and decisions in one place now have rapid consequences elsewhere.
- 2
What are the main dimensions of globalisation?
Model answer
Economic globalisation in trade, production and finance; political globalisation in international institutions and agreements; cultural globalisation in media, consumption and communication; and the movement of people through migration.
- 3
What distinguishes hyperglobalist, sceptical and transformationalist positions?
Model answer
Hyperglobalists hold that a genuinely global economy has displaced the nation state. Sceptics, including Hirst and Thompson, argue trade and investment remain concentrated between a few regions and that states retain power. Transformationalists, such as Held, argue globalisation is real but reshapes rather than abolishes the state.
- 4
What is a transnational corporation?
Model answer
A transnational corporation is a firm that owns or controls production in more than one country, coordinating design, manufacture, supply and sale across national borders.
- 5
What is the case that transnational corporations aid development?
Model answer
They bring capital that poorer countries cannot raise, create employment at wages often above local alternatives, transfer technology and management practice, generate tax revenue and connect local suppliers to export markets.
- 6
What is the case that transnational corporations hinder development?
Model answer
Critics argue that profits are repatriated rather than reinvested, and that tax is minimised through transfer pricing. Investment is footloose and moves when concessions end. Bargaining power extracts weak regulation, and local firms are displaced.
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