Midterm exam part 1 (1-40)

Question	Answer
Globalization is not new, it is as old as humanity.	True
The compression of the world refers to the compression of time and technology.	False - space dapat, hindi technology
The economy is the major catalyst and the most affected area of globalization.	True
The main feature or highlight of archaic globalization is trading.	True
Climate change, financial crisis and terrorism are policy issues in globalization that do not care about national borders and can solve by the United Nations alone.	False - cannot solved by the UN alone.
During the modern era of globalization Great Britain became a global military super power because of their superior manufacturing technology and improve communications system.	False - economy dapat, di military
Anti-globalization is a major part of globalization.	True
Non-governmental organizations (NGO’s) and multinational corporation (MNCs) are new global actors in globalization.	True
Proto-globalization is characterized by trade links as well as cultural exchange.	True
There are three major types of globalization namely political, economic and cultural.	True
A traditional historian view globalization as a modern phenomenon.	True
Globalization is both a threat and an opportunity for industrialized countries.	True
Western culture especially popular culture became dominant and destroy cultural diversity.	True
The price of communication system like telephone calls and the cost for transportation of products like the freight charges both increased in the globalized market.	False - decrease dapat, di increase
United Nations, European Union and the Group of 20 (G-20) are border group countries.	True
Interstate system and global governance are aspects of economic globalization.	False - political ata, di economic
Ronald Robinson define globalization as ‘the compression of the world and the intensification of the consciousness of the world as a whole.’	False - Roland Robertson dapat, di Ronald Robinson
Archaic globalization flourished during the earliest civilization.	True
Greenpeace and Amnesty International are non-state actors are able to exert influence in politics related to their field of work.	True
Globalization presents both new opportunities and new challenges.	True
Protectionist policies place specific restrictions on international trade for the benefit of a domestic economy.	True
Free Trade allows the lowest-priced goods to enter the marketplace.	True
The World Bank focuses on the functioning of the international monetary system.	False - IMF dapat, di WB
Vertical market integration refers to the acquisition of a similar company in the same industry.	False - Horizontal Market Integration dapat, di Vertical
Some huge multinational corporations are conglomerates as a result of merging and acquisition.	True
Market integration occurs when several different types of business operations that may or may not be related mixes together as one.	False - Conglomeration dapat, di Market integration
The creation of the World Bank and the IMF came at the end of the First World War.	False - WW 2 / II dapat di, WW 1 I
International trade means no restriction in importing and exporting of goods and services.	False - Free Trade dapat,di International Trade
Subsidy is a form of trade restriction wherein the government gives grants of money to domestic producers to encourage exports.	True
Low consumer prices in the market result to decrease in consumer's purchasing power.	False - increase dapat, di decrease
Global governance is becoming more inclusive giving a voice to all nations and communities	True
Philippines is one of the founding members of the United Nations.	True
The Secretary General is the chief administrative officer of the United Nations and head of the UN General Assembly.	False - Secretary-General only applies to the Secretariat part of UN
The United Nations is neither a supra-State nor a government of governments.	True
The UN Security Council is composed of 15 members.	True
Non-Governmental Organizations (NGOs) are non-state actors.	True
The Security Council’s resolutions are carried out by the UN peace keeping force.	True
The ‘veto power’ can be exercised by the 5 permanent members of the Security Council.	True
The UN Secretariat carries out the substantive and administrative work of the United Nations.	True
The United Nations is an example of a global IGO.	True

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Midterm exam part 1 (1-40)

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	Created by Ielle Tolentino about 1 year ago