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Contemporary World (2) > Asian Regionalism > Flashcards

Asian Regionalism Flashcards

1
Q

China is home to how many billion people based on the 2018 population projection of the UN?

A

1.4 billion

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2
Q

This country is becoming one of the economic super giants of the world nowadays

A

China

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3
Q

This country has the world’s largest manufacturing economy, is a key exporter, has the fastest growing consumer market, and is the 2nd largest importer of goods

A

China

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4
Q

This country was able to adapt its policies to the dictates of the West as it has incorporated itself to the global economy

A

Japan

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5
Q

When did Japan adapt its policies to the dictates of the West?

A

After WWII

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6
Q

T or F: Japan geographically belongs to the global north

A

False (it geographically belongs to the global south but its qualities are that of the global north)

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7
Q

This is the leading country when it comes to science and technology as it has created some of the best-known electronic companies in the world

A

Japan

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8
Q

This country 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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9
Q

This country’s 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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10
Q

This continent has the biggest population with at least 2/3 of the world’s inhabitants

A

Asia

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11
Q

How much land mass does Asia cover with respect to the total land mass of the world?

A

1/3

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12
Q

“Asia” originated from the West, particularly from which country?

A

Ancient Greece

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13
Q

What countries consist of the ASEAN 5?

A

Indonesia, Malaysia, Philippines, Vietnam, and Thailand

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14
Q

What was the average GDP growth of Asia compared to the world?

A

6.3% and 5.1% compared to 3.5%

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15
Q

China is the world’s leading exporter of goods valued at how much?

A

1.99 trillion dollars

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16
Q

United States is the second leading exporter with goods valued at how much?

A

1.45 trillion dollars

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17
Q

T or F: The world lost interest in Asia ever since the EU reached its mature state of regionalism

A

False (the world became more focused on Asia)

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18
Q

Most countries want to form collaborations with these 2 groups because economic and political growth have started to shape up

A

East Asian Countries and ASEAN

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19
Q

This country takes care of its Asian allies in order to enhance their supply of raw materials, human tech skills, and military force

A

United States

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20
Q

This continent keeps a strong relationship with Asia to expand their growing businesses in the field of medical science and research

A

Europe

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21
Q

T or F: Asia is getting worldwide attention

A

True

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22
Q

What makes Asian nations stronger is through the establishment of collaborations and cooperation based on what?

A

Respect

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23
Q

This regional bloc pays full respect for sovereignty and independence of its members

A

ASEAN

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24
Q

How does ASEAN pay full respect for sovereignty and independence of its members?

A

Consensus and Consultation

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25
Q

Asia is exposed to different factors that bring about better ________ of the continent and how member states collectively and separately address challenges

A

Homogenization

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26
Q

This refers to the process of making things uniform or similar; allowing different establishments, big or small, to work together globally

A

Homogenization

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27
Q

This project is one of the best examples of Asian nations’ collaboration and cooperation:

  • Will help to expand the existing PH railway lines
    and ensure seamless mobility of the people
  • One of the interventions identified to decongest Metro Manila traffic and promote economic growth in the PH
A

Metro Manila Subway Project (MMSP)

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28
Q

The Metro Manila Subway Project was a project of which 2 organizations?

A

Dept. of Transpo (DOTr) and Japan International Cooperation Agency (JICA)

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29
Q

What was the former name of the Metro Manila Subway Project (MMSP)?

A

Mega Manila Subway

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30
Q

The Mega Manila Subway proposed routes starting from where and ended to where?

A

Mindanao Avenue to NAIA

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31
Q

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

A

Globalization

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32
Q

T or F: Regionalism and globalization are both related to integration

A

False (regionalization)

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33
Q

This refers to the growth of societal integration within a region and to the often undirected processes of social and economic interaction

A

Regionalization

34
Q

T or F: Globalization happens across the world while regionalism happens in specific geographical regions

A

False (regionalization)

35
Q

Social and economic reciprocal actions of regionalization are undirected because of what?

A

Diversity

36
Q

This refers to regional concentration of economic flows; the process of intergovernmental collaborations between two or more states

A

Regionalism

37
Q

This term refers to a political process by economic policy if cooperation and coordination are present among countries

A

Regionalization

38
Q

T or F: Asian Regionalism is an old concept among continental communities

A

False (new)

39
Q

Asian regionalism consists of 2 groups, what are those?

A

ASEAN group (50 years old) and the East Asia Economic Group or EAEG (failed)

40
Q

What are the 3 pillars of the ASEAN community?

A
  1. Political security community
  2. Economic community
  3. Socio-cultural community
41
Q

When and where was ASEAN established?

A

August 8, 1967 in Bangkok, Thailand

42
Q

Pillar of ASEAN:
This gives importance to human rights, drugs, foreign relations, defense, law, and transnational crimes

A

Political security community

43
Q

Pillar of ASEAN:
This includes economic and finance ministers, central bank governors, free trade area, investment area, agriculture and forestry, etc.

A

Economic community

44
Q

Pillar of ASEAN:
This is for culture and arts, sports, disaster management, education, environment, health, information, etc.

A

Socio-cultural community

45
Q

What countries consist of the ASEAN +3?

A

China, Japan, and South Korea

46
Q

This group’s goal is to address the 1997 Asian financial crisis and help each other cope with it

A

ASEAN +3

47
Q

T or F: ASEAN has concretized regionalism in the Asian region

A

True

48
Q

This is a free trade pact between Canada, US, and Mexico created to help reduce trading costs, increase business investment, and help North America be more competitive in the global market place

A

North American Free Trade Agreement (NAFTA)

49
Q

What 3 countries formed NAFTA?

A

US, Canada, and Mexico

50
Q

This is a political and economic union established to ensure free movement of people, goods, services, and capital within their single market

A

European Union (EU)

51
Q

Familiarize yourself with the aspects that led to greater Asian integration:

A
  1. Integration has been market-driven
  2. Formal institutions such as the Asian Development Bank (ADB) were established
  3. Economic grants and overseas development assistance are made available by better Asian economies
  4. Production networks have expanded
  5. Cooperation among the ASEAN and East Asian Countries ensued the ASEAN +3 Financial Ministers’ Process that established 2 economic structures (Chiang Mai Initiative and Asian Bond Markets Initiative)
  6. ASEAN follows a consensus rule as an approach to decision making
52
Q

Which 3 countries get the labor services of skilled Filipino workers?

A

China, Japan, and South Korea

53
Q

T or F: East Asians market their goods within the region

A

False (Southeast Asians)

54
Q

This country exports their grocery products to 24-hr convenience stores

A

Thailand

55
Q

These countries sell their bags and clothing to the region

A

Vietnam and Indonesia

56
Q

T or F: Teamwork amongst Asian governments has been exerted for a long time now

A

False (it was only in recent years)

57
Q

This organization promotes social and economic development in Asia:

  • Composed of 67 members, 48 of which are from the Asia-Pacific region
  • Aids its members and partners by providing loans, technical assistance, grants, and equity investments.
  • Initially focused its assistance on food production and rural development to serve a predominantly agricultural region.
A

Asian Development Bank (ADB)

58
Q

This organization aims to work on human security and quality growth. It targets to promote international cooperation and the development of the Japanese and global economy by supporting the socio-economic development, recovery, or economic stability of developing regions.

A

Japan International Cooperation Agency (JICA)

59
Q

What are the Philippines’ major exports?

A

Electronic products and copper products

60
Q

This country sells palm oil, rubber, and natural gas within the region.

A

Indonesia

61
Q

This country produces machinery products and motor vehicles.

A

South Korea

62
Q

What are the 2 economic structures established by the ASEAN +3’s financial ministers’ process?

A

Chiang Mai Initiative and Asian Bond Markets Initiative

63
Q

This process aims to strengthen policy dialogue, coordination, and collaboration on common financial, monetary, and fiscal issues.

A

ASEAN +3 Financial Ministers’ Process

64
Q

This process prevents collision of cultural beliefs and economic policies that are understandably not easy to unite

A

ASEAN follows a consensus rule as an approach to decision making

65
Q

As a big group, Asian countries established their own ________ that is more focused on Asia and the Pacific

A

Asian Development Bank (ADB)

66
Q

What country is the forerunner and major contributor of ADB?

A

Japan

67
Q

T or F: China believes that investments can be a factor to social development.

A

False (Japan)

68
Q

As a group, Asia has set out in the ________, the 8 aims and purposes

A

ASEAN Declaration

69
Q

T or F: Asian regionalism has enough institutions and bureaucratic bodies to serve the region

A

False (they lack it, unlike in EU where the model of single market is effective)

70
Q

Which Philippine president did Chinese leaders express their support to in terms of the campaign against drugs and terrorism?

A

Rodrigo Duterte

71
Q

What 3 countries are the important regional players that initiate concrete dialogue in formulating visions, shared goals, and roadmaps for cooperation?

A

China, India, and Japan

72
Q

Where has ISIS started to spread?

A

Southern Philippines, Indonesia, and Malaysia

73
Q

Which 3 countries had a trilateral security meeting that agreed to conduct joint navy patrols to prevent entry and exit of terror groups?

A

Philippines, Indonesia, and Malaysia

74
Q

What village in what country disengaged from globalization?

A

Santi Suk Village in Thailand

75
Q

What did Santi Suk village call their currency?

A

Bia

76
Q

T or F: Santi Suk’s currency of Bia was regulated by the central bank of Thailand

A

False (central bank of the village)

77
Q

T or F: Santi Suk’s Bia can be exchanged for the Thai Baht

A

False (cannot, only participating villages can exchange it)

78
Q

T or F: Globalization and regionalization are the same

A

True (they both refer to integration; what differs is the scope)

79
Q

This comes in the forms of regional alternatives to globalization that spawned within and among regions in Asia

A

Regionalism

80
Q

T or F: Asian integration did not happen based on one historical event

A

True (there were different factors that led to its alliance)

81
Q

Disengagement in the Philippines also took place, which city is ruled by a king and queen, and has its own currency?

A

Iligan City

Contemporary World (2) (2 decks)

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