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Abrahamson: Study Guide
Questions / Answers(including pages/quotations/key terms)
What is the thesis of this reading?
Facts: Are You Paying Attention?
(a) What does Abrahamson mean by “trading bridgeheads”?
(b) What are the two major roles of stock and commodity exchanges?
(c) What city has the world’s largest (in terms of market capitalization) stock exchange?
(d) What commodity exchanges and futures markets are located in New York City?
(e) In which cities are the world’s largest banks headquartered? Which city has the most large bank headquarters?
(f) What is Foreign Direct Investment?
(g) In which countries are the majority of multinational corporations headquartered?
(h) Which cities have the highest concentration of global service firms?
Arguments: Did You Understand?
(i) What is the role of financial services firms associated with major stock exchanges in financial centers around the world?
(j) What are the advantages of being at the top of the global economic hierarchy?
(k) What image of themselves do multinational corporations promote?
Synthesis: Can You See Connections?
(l) What does the information in this chapter tell you about the structure of the global economy?
(m) What role do global cities play in the global economy?