What is the social mission/ethos of “The Impact Hub”

Ans: Support business initiatives for the service of people and planet

What Is Classical Economics Theory?

Ans: broad term that refers to the dominant school of thought for economics in the 18th and 19th
centuries.

In cooperatives, there is less bureaucracy in the organization, making them less susceptible to
inequality and discrimination.
Ans: Work environment

"End the epidemics of AIDS, tuberculosis, malaria and neglected tropical diseases and combat
hepatitis, water-borne diseases and other communicable diseases." What Sustainable Development
Goal is this?
Ans: Good Health and Well-being

How do entrepreneurial foundations differ from foundations with a more traditional approach to
philanthropy?
Ans: They work with the grantee to achieve desired outcomes

The concept of "positive peace" goes beyond the absence of violence and includes?
Ans: The resolution of social conflicts

This manifest in the social mission that may compromise the financial leverage of the organization.
Ans: Lack of Experience

It is defined as two consecutive quarters of decline in economic activity. It is characterized by

increased unemployment. In these times, companies make fewer sales.
Ans: Recession

What Is true about the Economic Cycle?

Ans: all statements are correct

Which of the following is NOT one of Sharir and Lerner's eight characteristics of successful social
ventures?
Ans: The capital base at the completion stage

In this system, all hospitals and clinics are private, but the government pays for the services they
render to the people; however, the cost for drugs, dental care, and eyeglasses may come from private
insurance or personal savings.
Ans: Social healthcare system

According to the Cemex case study, why did the company focus their efforts around low-income
homebuilders?
Ans: In times of economic crises, sales to low-income reduced less than sales to middle and upper-
income individuals

Members contribute to the coop with the intention of fulfilling the goals of the cooperative first and
sharing dividends with the members. Any surplus earnings can be used in the expansion of the coop
Ans: Member economic participation

It is the process of distributing profits or surpluses to members of a cooperative based on their

patronage of the cooperative.
Ans: patronage allocation

In the Philippines, going to the fundamentals is the key for a lasting peace that is investing in
Ans: Social infrastructure and economic
It is the main activity of “Up Group”.
Ans: Deployment of payment methods and management solutions for companies and other social
actors

All hospitals, doctors, consultants are paid by the government, as well as the basic drug and other
services.
Ans: Socialized healthcare system
The college wage premium Is calculated as the ratio of the median hourly wage for those holding a
bachelor’s degree and the median hourly wage for those who have only completed high school
Ans: This statement is true

The highest real GD0 followed by an economic boom. An economic boom is an increase in economic
activity which means more job opportunities.
Ans: Peak

Economic development is considered a crucial factor in maintaining peace because?

Ans: Economic prosperity reduces the likelihood of conflicts

According to Budinich (2005), which of the following might be involved in encouraging companies to
target poorer consumers?
Ans: Designing products and services that tap the wealth of the poor

A theory which claims that education raises wages simply because education levels is a signal of the
workers ability.
Ans: Signaling theory

The "democratic peace theory" suggests that?

Ans: Democracies rarely go to war with each other

Which of the following is a drawback to the social enterprise model?

Ans: Decreasing the social capital of the society

The end of the Cold War was supposed to bring with it a ______ that would release resources for
more productive purposes.
Ans: Peace Dividend

Financial markets rely heavily on informational transparency to ensure that the markets set prices
that are
Ans: efficient and appropriate

Which of the following is an example of an economic indicator used to measure peace?

Ans: Military expenditure as a percentage of GDP

“Increase substantially the share of renewable energy in the global energy mix” What Sustainable
Development Goal is this?
Ans: Affordable and Clean Energy

Which of the following factors is NOT typically considered in peace economics?

Ans:

It is the hypothetical boost to a country's economy after it settles a peace following a war.
Ans: Peace Dividend

There are challenges in the sustainability of the social enterprise as these organizations may find it
difficult to hire employees who may want to deal with disadvantages target groups or the confusion in
the motivation of becoming for profit or nonprofit.
Ans: Possible Inconsistent Practices

Which of the following best defines peace economics?

Ans: The study of the economic causes and consequences of armed conflict

The term "opportunity cost" in peace economics refers to?

Ans: The benefits foregone by not engaging in conflict

There can be varied individual motives of membership that may lead to factions among the members.
Ans: Differences among Members

These are the transnational crime and terrorism effect except;

Ans:

These are Categories Of Healthcare Systems, except:

Ans: Semi- Private System
What Is Keynesian Economics Theory?
Ans: is a macroeconomic theory of total spending in the economy and its effects on output,
employment, and inflation.

The overarching goals of macroeconomics are to maximize the standard of living and achieve stable
economic growth. The goals are supported by objectives such as minimizing unemployment,
increasing productivity, controlling inflation, and more.
Ans: This statement is true

It is the accelerated economic growth of a country that begins with changes in the age structure
Ans: Demographic dividend

National taxes refer to national internal revenue taxes imposed and collected by the national
government through the _____________and local taxes refer to those imposed and collected by the
local government.
Ans: Bureau of Internal Revenue (BIR)

The key to the successful functioning of the market and development of this kind of enterprises is the
financial support.
Ans: Financial Sustainability Issues

When private sector spending decreases, the government can spend more and/or tax less in order to
directly-
Ans: A increase aggregate demand

The shift of fertility and mortality from high to low fertlity and mortality.
Ans: Demographic Transition

Why does Pearson (2002) argue that trade is better than aid at alleviating poverty?
Ans: Aid can promote dependence

The key players of the social enterprise may have varying personal goals in mind for the social
enterprise that may lead to changing demands, social goals, and performance index to success
Ans: Goals Conflicts

It is the most important type of financial statement for cooperatives

Ans: Statement of Cash Flow

The term "peace dividend" refers to?

Ans: The positive impact of peace on economic growth
The purpose of a (an) _______ is to bring people together to meet their common economic, social,
and cultural needs and aspirations through a jointly owned and democratically controlled enterprise.
Ans: Cooperative

Aim to transform our world. They are a call to action to eradicate poverty and injustice, safeguard the
environment, and guarantee the prosperity, justice, and health of all people.
Ans: Sustainable Development Goals (SDGs)

Foreign aid encourages positive diplomatic relationships. It can create new job opportunities, trade
agreements, and even better security arrangements. Although providing foreign aid is a direct cost
that taxpayers from the providing nation bear, there are numerous rewards that come from such an
action that isolationism could never provide.
Advantages of Foreign Aid. It benefits the country providing the foreign aid

foreign aid can have a positive impact on economic growth, but it generally does not impact the
levels of saving or investment that occurs within the recipient economy. It may even cause lower
levels of saving and investment as reliance on the aid replaces the need to earn an ongoing income.
Disadvantages of Foreign Aid. It has no consistent relationship with investment and growth.

Seasonal fluctuations of products affect some companies that may lose the opportunity to do
business when their product is in low demand.
Market efficiency
This type of FDI occurs when a company invests in a foreign country to gain control over the inputs
or raw materials that are used in its production process.
BACKWARD AND VERTICAL FDI

Foreign trade helps in ___ by increasing the mobility of labor and resources. It generates direct
employment in the import sector and indirect employment in other sectors of the economy. Such
as Industry, Service Sector (insurance, banking, transport, communication), etc.
Generate Employment Opportunities

It results in economic cooperation between two countries

bilateral trade

involved the knowledge and competence of a workforce. Skills that employees gain through
training and experience can boost the education and human capital of a specific country. Through a
ripple effect, it can train human resources in other sectors and companies.
Human capital development

it enables countries to specialize in the production of goods and services in which they have a
comparative advantage, which leads to increased efficiency and productivity. This allows countries
to produce more goods and services at a lower cost, which can be passed on to consumers in the
form of lower prices
Foreign trade

It is a situation when there is a need for goods and services, because of a shortage of goods and/or
services from another country, a country buys from another country.
Importation

In the current times, it seems that the model of economic development is changing; a developed
nation may not necessarily be the one exporting to other countries.
Deindustrialization

Foreign trade encourages the transfer of technology, knowledge, and best practices across borders.
Through trade relationships with technologically advanced countries, developing nations can adopt
new technologies, improve production processes, and enhance overall productivity, which are
essential for long-term economic development.
Technological Transfer and Innovation

The ___includes all payments between a country and its trading partners and is made up of the
balance of trade, private foreign loans and their interest, loans and grants by governments or
international organizations, and movements of gold.
balance of payments

_is the exchange of goods across national boundaries. Prof. J.L. Hanson said, “An exchange of
various specialized commodities and services rendered among the corresponding countries is
known as foreign trade.”
Foreign trade

FDI can help to improve the host country's balance of payments by increasing exports, reducing
imports, and bringing in new capital inflows.
Balance of payments

This type of FDI occurs when a company invests in a foreign country to produce the same goods or
services that it produces in its home country.
Horizontal FDI

Failure to honor buyer-seller agreements is one of the risks in foreign trade. In cases of losses of
products in transit, the believed insurance may not cover all expenses.
Third-party risks

If the host country becomes too dependent on FDI, it may be vulnerable to sudden changes in
investor sentiment or external shocks.
Over-dependency

was a way to meddle in the internal affairs of European countries; this belief prevented Soviet
satellite countries from accepting assistance from the United States.
Marshall plan

Since every country has to import, which results in an outflow of foreign exchange, it also deals in
export for the inflow of foreign exchange.
Maintains Balance of Payment Position

It can contribute to economic growth by providing new markets for domestic producers and
creating new business opportunities for entrepreneurs. This can lead to increased employment
opportunities and higher incomes for workers.
Foreign trade

This may be challenging to start international trade with the first client; trust will always be an issue
as the possibility to be scammed is great.
Buyer Risks

Multinationals have been criticized for poor working conditions in foreign factories.
DISADVANTAGES OF FOREIGN DIRECT INVESTMENT Poor performance

Whether the aid is for developmental, humanitarian, or emergency purposes, many nations use
“tied” foreign aid instead of an outright donation. That means there is a specific portion of the
foreign aid that must be used to purchase goods or services from the country providing the
donation.
Advantages of Foreign Aid. It is often given with a donor caveat.

It can be defined as the price of a good or service in any other country, except one’s own. It affects
international trade, and generally countries export goods with local prices lower than their __, and
import goods where the local price is higher than the __.
World price

Many goods produced by FDI have global markets, not solely domestic consumption. The creation
of 100% export oriented units help to assist FDI investors in boosting exports from other countries.
Increase in exports

The___ involves transactions in which exchange takes place at a specified date in the future for a
specific price. In other words, the ___ entails making a contract today to purchase or sell foreign
currency in the future.
Forward market

This can lead to increased sales opportunities for domestic producers, which in turn can stimulate
economic growth through higher production levels and revenues.
Market expansion

When a country engages in international trade, domestic firms are now exposed to goods and
services not just produced domestically but from all over the world.

International trade facilitates efficient allocation ___ by enabling countries to specialize in the
production of goods and services they can produce most efficiently. This specialization leads to
increased productivity, lower production costs, and higher overall output levels.
Resource allocation

A company that has business operations in at least one country other than its home country.
Multinational company

can be used to accomplish the political aims of a government, allowing it to obtain diplomatic
recognition, to gain respect for its role in international institutions, or to improve the accessibility
of its diplomats to foreign countries.
Foreign aid

FDI can bring in new capital, technology, and managerial expertise to the host country.
Transfer of resources

Countries engage in foreign trade to leverage their comparative advantages, which are based on
factors such as natural resources, skilled labor, technological expertise, and infrastructure. By
focusing on producing goods and services in which they have a comparative advantage, countries
can achieve higher efficiency and productivity, leading to economic growth.
Specialization and Comparative Advantage

Foreign trade is highly competitive. To maintain and increase the demand for goods, the exporting
countries have to keep up the __
Ensures Quality and Standard Goods

It was believed to help countries by increasing their wealth and power. The theory held that a
country should try to maintain a favorable balance of trade by exporting more than it imports. This
would result in a net inflow of gold and silver, which were believed to be the ultimate sources of
wealth at the time. This would enable the country to increase its military power and expand its
territory, which would lead to greater influence and prestige in the international arena.
Mercantilism

Inflow of ___ is particularly beneficial for countries with limited domestic resources, as well as for
nations with restricted opportunities to raise funds in global capital markets.
Improved Capital Flow

Foreign trade leads to the division of labor and specialization at the world level. Some countries
have abundant natural resources. They should export raw materials and import finished goods from
countries which are advanced in skilled manpower.
Division of Labor and Specialization

refers to the exchange of goods, services, and capital across international borders. It plays a crucial
role in the economic growth and development of countries by creating opportunities for
specialization, increasing market size, promoting innovation, and facilitating the transfer of
technology and knowledge
foreign trade

Issues that foreign aid helps to combat include terrorism, HIV and AIDS, and narcotic addiction.
Foreign aid can also be used to improve agricultural processes, develop local support resources, and
provide training for local populations so they don’t have to continually rely on aid to have a good
life. It provides essential resources for survival at a moment’s notice so that recovery can begin.
Advantages of Foreign Aid. It helps other countries fight local problems more effectively

Some countries produce more goods than their requirements. Foreign trade gives them the
opportunity to dispose of their __production.
Surplus market

The United States regularly receives foreign aid, just as it regularly hands it out.
Advantages of Foreign Aid. It creates a positive back-and-forth relationship.

It occurs when the value of exported goods and services is higher than imports. This means that
there is a net inflow of domestic currency from foreign markets. It is a positive measurement of a
country’s balance of trade.
Trade Surplus

Corrupt officials can take the aid for themselves, spend it on certain classes of people in society, or
hoard them for future profit. Although foreign aid is gratefully received, it often fails to reach the
people who need it the most.
Disadvantages of Foreign Aid. It is often under-utilized, if it is even used at all.

is in which a company establishes a new operation in a foreign country, typically by building new
facilities or acquiring undeveloped land.
GREENFIELD INVESTMENT

Foreign trade brings countries closer. It facilitates the transfer of technology and other assistance
from developed countries to developing countries. It brings different countries closer due to
economic relations arising out of trade agreements. Thus, foreign trade creates a friendly
atmosphere for avoiding wars and conflicts. It __ as such countries try to maintain friendly relations
among themselves.
Promotes World Peace
The main purposes of __ were to create a mechanism for the world’s inhabitants to work more
successfully together in the areas of peace and security, and also to deal with economic and social
questions.
Intergovernmental organization (IGO)

It also called forex, FX, or currency market—was one of the original financial markets formed to
bring structure to the burgeoning global economy. In terms of trading volume, it is, by far, the
largest financial market in the world. Aside from providing a venue for the buying, selling,
exchanging, and speculation of currencies, the forex market also enables currency conversion for
international trade settlements and investments.
foreign exchange market

is the giving or loaning of resources from one country to another or from an international firm to a
foreign country. It usually involves money, labor, or materials, but can include food, water, or other
commodities that may be necessary to provide assistance to local population groups. It is always a
voluntary transfer.
Foreign aid

Prices can be stabilized by foreign trade. It helps to keep the demand and supply position stable,
which in turn __, making allowances for transport and other marketing expenses.
Equality of Prices