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What Is Supraterritoriality, and How Is It Important for Understanding

question 69

Essay

What is supraterritoriality, and how is it important for understanding the globalization of trade and finance? To what extent do you think it will lead to a truly global economy? What factors may impede it?


Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.

Conditioned Response

A learned reaction to a conditioned stimulus that occurs because of previous conditioning, distinguished from unconditioned response.

Unconditioned Stimulus

An Unconditioned Stimulus is any stimulus that naturally triggers a response without any prior learning or conditioning.

Unconditioned Response

An involuntary, instinctive reaction to an external stimulus that takes place without the need for prior training or conditioning.

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