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1.5 Protection vs. Integration
Protectionism: The protection objective is to keep alive domestic production and to increase import prices. For this purpose, it uses different instruments:
Tariffs: taxes on imported goods to protect the domestic industry. An external tariff is a ‘tax’ on foreign products introduced in the domestic market. The effect is that its price is higher and it its more difficult to compete with domestic products.Quotas on imports: is a limitation of the quantity of foreign
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Notion of economic concentration The LDC has dealt with the control of economic concentrations. The provision thus refers to any “stable change of control of the whole or part of one or more companies” as a result of a series of operations: merger, acquisition of control of the whole or part of another company,. Article 8 LDC delimits the scope of application of the Law to concentrations on the basis that one of the two following circumstances is present:
● That as a consequence of the concentration
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Explain the significance and key people or parties involved/impacted:
4 Main Causes of WWI
Nationalism- Pride of one’s national identity. Cultures wanted to develop without foreign interference.Imperialism- Colonies are turned into “empires”. Competition between nations.Militarism- The development of stronger forces against competitors.Alliances- Triple Entente- Germany, Austria-Hungary, and Italy.Triple Alliance- Britain, France and Russia.
Why did the US join the War?
Violation of the “Sussex
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1 In the two sentences from the text below the word hand is used both as a noun and as a verb. Complete 1–6 with a part of the body from the box. The word required in a and b is the same.
1 a He’s a reasonable footballer but he can’t HEAD the ball very well. b The person in charge of a school is known as the HEAD teacher. / 2 a The EYE of a storm or a hurricane is the centre of it. b His dirty clothes and scruffy appearance caused the policewoman to EYE him suspiciously. /
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Lengua
An important thinker was John Locke, who wrote the Essay Concerning Human Understanding: – It’s not correct to think that colours are innate in a creature – you are not born knowing colours, actually you learn colours. So, knowledge is not innate. – Knowledge comes from experience (from life and from experiments; science) – We can change the society for the better putting together our experiences: with knowledge, the society could progress. They believed on a better society because
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