Recap
Define Legitimacy
Providing a productive way of government that represents the needs and wants of citizens.
What is Brexit?
Brexit is the scheduled withdrawal of the UK from the EU
What is the name of the Right Wing party in The UK who are a large supporter of Euro scepticism?
UKIP - UK Independence Party
What factors contribute to populism?
Rebelling against the elite
People believing their voices are not heard
What does Economic Interdependence mean
A consequence of specialization or the division of labor. The participants in any economic system must belong to a trading network to obtain the products they cannot produce efficiently for themselves.
Why was the original date for the UK to leave the EU pushed back from March 29?
The MPs rejected the deal 3 times, forcing Mrs Mays to ask the EU leaders to delay Brexit. She then stepped down and PM and Boris Johns replaced her.
Is the UK considered corporatist or pluralist?
Pluralist
What are externalities?
a consequence of an industrial or commercial activity which affects other parties without this being reflected in market prices.
What is the main reason for the UK joining the EU in 1975?
The main reason was to keep peace among other European nations
According to Rodrik, what three attributes can countries not maintain all at once.
Democracy, Nation States, Hyper-Globalization
What does Horizontal Interdependence measure?
The extent of transaction between states.
ex. Subsidies, FDI or Exports
What were the four objectives for negotiation in November 2015 (David Cameron)?
(1) to prevent eurozone member states from unilaterally deciding on initiatives that influence the functioning of the Single Market; (2) to enhance the focus on competitiveness; (3) to allow member states to opt out from the attempt to create an ever closer Union; and (4) to reduce migrant workers’ rights to social benefits.