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cworld > asian regionalism > Flashcards

asian regionalism Flashcards

1
Q

World’s largest manufacturing economy and exporter of goods

A

China

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2
Q

World’s fastest growing consumer market

A

China

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3
Q

2nd largest importer of goods

A

China

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4
Q

T/F: China is becoming one of the economic super giants of the world

A

TRUE

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5
Q

________ is one of the countries that belong geographically in the South but belongs to the Global North countries

A

Japan

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6
Q

It adapts its policies from the West and incorporated itself to the global economy

A

Japan

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7
Q

Has large international corporate conglomerates such as:

Fuji, Sony, Panasonic, Canon, Fujitsu, Hitachi, Sharp, NEC, Toshiba

A

Japan

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8
Q

the leading country when it comes to science and technology

A

Japan

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9
Q

___________ has become one of the emerging centers of different cultures and has turned itself into a great cosmopolitan city-state.

A

Singapore

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10
Q

Its economy has been previously ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business

A

Singapore

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11
Q

has the biggest population

has one-third of the
world’s land mass

A

Asia

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12
Q

The emerging and developing countries and the ASEAN had an average of ______
and 5.1% GDP growth higher compared to the world average growth of _____

A

6.3%

3.5%

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13
Q

T/F: The world is now focused on Southeast Asia

A

FALSE - Asia

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14
Q

T/F: US takes care of its allies in Asia and Europe keeps its strong relationship.

A

TRUE

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15
Q

The establishment of collaborations and cooperation based on ___________

A

respect

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16
Q

ASEAN pays full respect for _____ and
_______ of its members through _____ and __________.

A

sovereignty
independence
consensus
consultation

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17
Q

It is exposed to different factors that bring about better ____________ of Asia and how member-states collectively and separately address the challenges they are facing are ___________.

A

homogenization
discussed

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18
Q

process of making things uniform
or similar; allowing different establishments, big or
not, to work together globally

A

Homogenization

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19
Q

A project of Department of Transportation
(DOTR) and Japan International Cooperation
Agency (JICA)

A

Metro Manila Subway Project (MMSP)

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20
Q

Metro Manila Subway Project (MMSP) was formerly known as

A

Mega Manila Subway

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21
Q

group of countries located in the same geographically specified area

A

Region

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22
Q

the expansion and intensification of social relations and consciousness across world-time and world-space

A

Globalization

23
Q

the growth of social integration within a region and to the often undirected processes of social and economic interaction (Hurrel 1995)

refers to a political process by economic policy if cooperation and coordination are present among countries (Mansfield & Wilmer 1993)

A

Regionalization

24
Q

regional concentration of economic flows;

the process of intergovernmental collaborations between two or more states (Eliassen & Arnadottir 2012)

A

Regionalism

25
Q

When and where was ASEAN established

A

August 8, 1967
Bangkok, Thailand

26
Q

T/F: ASEAN makes Asian nations weaker

A

FALSE - stronger

27
Q

3 Pillars of ASEAN Community

A
  1. political security community
  2. economic community
  3. socio-cultural community
28
Q

Pillar:

gives importance to human rights, drugs, foreign relations, defense, law and transnational crimes

A

Political Security Community

29
Q

Pillar:

includes economic and finance ministers, central bank governors, free trade area, investment area, agriculture and forestry, etc.

A

Economic Community

30
Q

Pillar:

for culture and arts, sports, disaster management, education, environment, health, information, etc.

A

Socio-cultural Community

31
Q

a free trade pact between Canada and the US

A

North American Free Trade Agreement (NAFTA)

32
Q

purpose of NAFTA

A

to help reduce trading costs

increase business investment

help North America more competitive in the global marketplace

33
Q

a political and economic union

established to ensure free movement of people, goods, services, and capital within the EU’s single market

A

European Union (EU)

34
Q

ASEAN Plus Three:

A

China, Japan, South Korea

35
Q

T/F: ASEAN partnered with ASEAN +3 to address the Asian financial crises and help each other cope with the crisis

A

TRUE

36
Q

ASPECTS THAT LED TO A GREATER ASIAN INTEGRATION

  1. Integration has been _____________
A

market-driven

37
Q

ASPECTS THAT LED TO A GREATER ASIAN INTEGRATION

  1. _____ institutions were established
A

Formal

38
Q

ASPECTS THAT LED TO A GREATER ASIAN INTEGRATION

  1. Economic grants and overseas development _____ are made available by better Asian economies
A

assistance

39
Q

ASPECTS THAT LED TO A GREATER ASIAN INTEGRATION

  1. Production ______ have expanded
A

networks

40
Q

ASPECTS THAT LED TO A GREATER ASIAN INTEGRATION

  1. Cooperation among ASEAN and East Asian countries ensured the ASEAN +3 Financial Minister’s Process that the established 2 economic structures: the ____________ and the ______________
A

Chiang Mai Initiative
Asian Bond Markets

41
Q

ASEAN follows a ___________________ as an approach to decision-making.

A

consensus rule

42
Q

the bank established by Asian countries that is more focused on Asia and the Pacific

A

Asian Development Bank (ADB)

43
Q

______ believes that investments can be a factor to social development.

A

Japan

44
Q

As a small group, individual countries do a _________ or multilateral agreements.

A

bilateral

45
Q

As a local community, it came in the form of ____________ from globalization.

A

disengagement

46
Q

this village in Thailand created its own currency

A

Santik Suk Village

47
Q

currency of Santik Suk Village

A

bia

48
Q

ASEAN 5

A

Indonesia
Malaysia
Philippines
Vietnam
Thailand

49
Q

a new concept among the continental communities

A

Asian Regionalism

50
Q

ASEAN Declaration Aims and Purposes

A
  1. accelerate economic group, social progress, and cultural development in the region
  2. promote regional peace and stability
  3. promote active collaboration and mutual assistance on matters of common interest
  4. provide assistance to each other in the form of training and research facilities
  5. collaborate more effectively for the greater utilization of their agriculture and industries
  6. expand trade, improve their transportation and communications facilities, and raise the living standards of their people
  7. promote Southeast Asian Studies
  8. maintain close and beneficial cooperation
51
Q

important regional players that initiate concrete dialogue in formulating visions, shared goals, and roadmaps for regional cooperation in Asia

A

China
India
Japan

52
Q

T/F: Reaction to globalization and the West did not give rise to terror

A

FALSE

53
Q

T/F : Globalization and regionalization are the same for they refer to integration

A

TRUE

54
Q

Globalization and regionalization difference lies on the _____

A

scope because:

globalization = worldwide

regionalization = focuses on a specific geographical region

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