1. Loss Of Sovereignty IB HL

2. The Demise Of Nations Some people believe nations are far less important than they used to be. The increasing flow of people, capital, goods and ideas across international boundaries illustrates the demise of nation state. The growth of trading blocs and TNC’s heralds an New World Order in which individual countries are less important than before.

3. TNC’s RankCountryAnnual Sales (US$ billions) 1USA13,811 2Japan4,376 3Germany3,297 4China3,280 5UK2,727 RankCompanyAnnual Sales (US$ billions) 1Walmart (USA)379 2Exxon-Mobil (USA)358 3Royal Dutch Shell (Netherlands)355 4Toyota (Japan)204 5Chevron (USA)204

4. Activities Using Geography For The IB Diploma P200- 202, answer the following… 1.What is resource nationalisation? 2.Why did Bolivia pursue resource nationalisation? 3.In the long-term, how could this policy have benefits as well as disadvantages to Bolivia? 4.Why have Bolivia’s recent policies to cope with globalisation created tension with the USA? 5.Using Figure 3 (P201), how does it show that globalisation was the “way forward” for Bolivia?