Contemporary Midterm Reviewer (Test Taking)

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IDENTIFICATION system, and it is the main focus of the field of

International Relations
1. Globalization Is the process by which ideas,
knowledge, information, goods, and services 11. Nation State This refer to modern countries
spread around the world. and their political apparatuses rulers over single
nation.
2. World Bank would provide loans for
European reconstruction but later expanded its 12. Nationalism Is a primary a political principle
activities to the developing world. which holds that the political and the national
unit should be congruent.
3. Economic Globalization It refers to the
widespread international movements of goods, 13. Internationalism It is anchored on the
capital, services, technology, and information. opinion that nationalism should be outrun
because links that bind people of different
4. Cultural Globalization Refers to the
countries are more powerful that those that
transmission of ideas, meanings, and values
disconnect them.
across the national boarders.
14. Globalism This concept emerged as an
5. Detraditionalization Where people question
attitude that seeks to understand all the
their traditional beliefs about religion, marriage,
interconnections of the modern world and to
gender roles and so on.
highlights patterns that underlie them.
6. Financial Homogeneity It exist in many
15. Global Governance encompasses activities
countries. It was prevalent in many communist
that transcend national boundaries at the
countries – this type of homogenous society is
international, transnational, and regional levels
in decline now a day.
and is based on rights and rules that are
7. Political Globalization refers to the absence enforced through a combination of economic
of the absolute sovereignty of state’s political and moral incentives.
borders over a certain area as well as increased
16. Trade Agreement It is when two or more
interaction between the systems of government
nations agree on the terms of trade between
and increased external intervention and
them.
interaction on the basis of democracy, non-
government organizations, human rights, and 17. Import Are goods and services produced in
freedoms. a foreign country and bought by domestic
residents.
8. Global Economy refers to the interconnected
worldwide economic activities that take place 18. Exports Are goods and services that are
between multiple countries. made in a country and sold outside its borders.

9. Market Integration occurs when prices 19. Golden Straight Jacket Thomas Friedman
among different locations or related goods coined the term ____ to describe how states are
follow similar patterns over a long period of now forced into policies.
time.
20. Nation Emphasizes the organic ties that hold
10. Global Interstate System It is the whole groups of people together and inspire a sense of
system of human interactions. / A political loyalty and belonging.
scientist commonly calls this the international
B. James Rosenau

MULTIPLE CHOICE: C. Arjun Apparudai

1. Academic literature commonly subdivides D. Kenichi Ohmae


globalization into three major areas which is
6. According to ____ state now hold
NOT included:
themselves accountable to a host of
A. Economic Globalization international norms and standards often with
the express purpose of gaining legitimacy at
B. Cultural/Social Globalization
home and respectability abroad.
C. Technological Globalization
A. Hans Schattle
D. Political Globalization
B. James Rosenau
2. Is most often mentioned in the media:
C. Arjun Apparudai
A. Political Globalization
D. Kenichi Ohmae
B. Economic Globalization
7. Claimed that economic independence and
C. Social Globalization global communication had rendered the nation
state a nostalgic fiction.
D. Modern Globalization
A. Kenichi Ohmae
3. This economic institution would oversee the
international monetary system: B. Arjun Apparudai

A. The International Monetary Fund (IMF) C. James Rosenau

B. World Bank (WB) D. Hans Schattle

C. World Trade Organization 8. Is a model of free market capitalism that


favors greatly reduced government spending,
D. International Criminal Court (CC) deregulation, globalization, free rade, and
4. argued that the nation-state, as complex privatization:
modern political form, is on its last legs: A. Deregulism
A. Kenichi Ohmae B. Globalism
B. James Rosenau C. Internationalism
C. Hans Schattle D. Neolibarism
D. Arjun Apparudai 9. The global economy comprises several
5. According to ___ States are struggling while characteristics, such as:
trying to keep advantages toward A. Globalization, International Trade,
supranational integration and met with forces International Finance, Global investment
of local fragmentation:
B. Domestic Economies, International Trade,
A. Hans Schattle Global Investment, Global Equality
C. Global Equality, Globalization, International 14. It is characterized by increasing integration
Trade, Global Investment of economics around the world.

D. Globalization, International Trade, Global A. Economic Globalization


Equality, International Finance
B. Cultural Globalization
10. Factors affecting the Global Economy,
C. Political Globalization
which is NOT included:
15. It is responsible for funding postwar
A. Population
reconstruction projects
B. Law
A. World Bank
C. Technology
B. IMF
D. Religion
C. WTO
11. Why countries form regional associations?
D. GATT
A. Civil War
16. This is the global leader of last resort to
B. European conflict prevent individual countries from spiraling into
credits crises.
C. Military Defense
A. IMF
D. Economic Plan
B. WORLD BANK
12. Most widely known defense group?
C. GATT
A. NATO
D. WTO
B. OPE
17. IMF regards ____ as a historical process
C. NAM
representing results of human innovation and
D. IMF technological process.

13. Globalization is spatial because it occurs in A. Cultural Globalization


physical places. Which of the following does
B. Economic Globalization
not support the statement?
C. Industrial Globalization
A. Foreign investments and capital move
through cities D. Political Globalization

B. People start purchasing high rise 18. Anthropologist, different kinds of


condominium globalization occur on multiple and
intersecting dimensions of integration.
C. More poor people are driven out of city
centers A. Karl Max

D. Cities act on globalization and globalization B. Milton Friedman


acts on cities
C. Arjun Appadurai

D. Benedict Anderson
19. Network of connections that transcends 3. Population
distances of different countries of the world.
4. Labour/Labor
A. Internationalization
5. Human Capital
B. Global Interstate System
6. Technology
C. Globalism
7. Law
D. Globalization
2.) Examples of Political Globalization:
20. It shows the contribution of the different
1. European Union (EU)
financial and economic institution that
facilitated the growth of the global economy. 2. North Atlantic Treaty Organization (NATO)
A. International Monetary Fund 3. Belt and Road Initiative
B. Market Integration 4. War Games
C. Bretton Wood System 5. NAFTA
D. World Bank 3.) Example of Cultural Globalization:

1. Migration
TRUE OR FALSE: 2. Food
1. Internationalization, also known as 3. Sport
globalization, refers to the deepening of
interactions between states. 4.) 3 Economic Institutions that is created to
monitor the economy:
A. True
1. The International Fund
B. False
2. World Bank
2. The global interstate system is a facet of
contemporary political globalization that seeks 3. World Trade Organization
to form collaboration among nation states 5.) Academic literature commonly subdivides
through the establishment of globalization into three major areas:
intergovernmental organizations.
1. Economic Globalization
A. True
2. Cultural Globalization
B. False
3. Political Globalization

6.) ASEAN Members Countries:


ENUMERATION:
1. Myanmar
1.) Factors affecting the global economy:
2. Thailand
1. Natural Resources
3. Malaysia
2. Infrastructure
4. Vietnam 5. Organizational

5. Indonesia 6. Institutions

6. Singapore 7. Corporations

7. Laos 8. Regime

8. Philippines 9. Labour

9. Brunei ADVANTAGES OF POLITICAL GLOBALIZATION:

7.) What are the Intergovernmental 1. Establishment of international norms


Organizations (IGOs)
2. Ease of movement
1. United Nations (UN)
3. Ease of trade
2. European Union (EU)
DISADVANTAGES OF POLITICAL
3. World Trade Organization (WTO) GLOBALIZATION:

4. Organization of Petroleum Exporting 1. Loss of power in the nation-state level


Countries (OPEC)
2. Levels of Bureaucracy
5. International Criminal Court (ICC)
3. Decreased Political Accountability
6. North Atlantic Treaty Organization (NATO)

7. Association of South East Asian Nations


(ASEAN)

8. World Health Organization (WHO)

8.) Reasons for Market Integration

1. To remove transaction cost

2. Foster competition

3. Provide better signals to optimize generation


and Consumption decisions

4. Improve security of supplies

9.) Economic Globalization primarily comprises


the globalization of:

1. Production

2. Markets

3. Technology

4. Finance

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