Asian Regionalism (M) Flashcards
What country is becoming one of the economic super giants of the world
China
T or F. Singapore adapts its policies from the West and incorporated itself to the global economy
F (Japan)
What country becomes one of the emerging centers of different cultures and turned itself into a great cosmopolitan city-state.
Singapore
This continent has the biggest population, has one-third of the world’s land mass.
Asia
What country/continent is gaining worldwide attention
Edi Asia (siya)
Asian nations are stronger than ever due the establishment of collaborations and cooperation based on?
A. Hospitality
B. Sovereignty
C. Diplomacy
D. Respect
D
This org pays full respect for sovereignty and independence of its members through consensus and consultation.
ASEAN
T or F. The UN is exposed to different factors that bring about better homogenization of Asia and how member-states collectively and separately address the challenges they are facing are discussed.
ASEAN
growth of social integration within a region and to the often undirected processes of social and economic interaction.
Regionalization
refers to regional concentration of economic flows. It is also the process of intergovernmental collaborations between two or more states
Regionalism
Asian Regionalism has what organizations?
ASEAN and EAEG
3 pillars of ASEAN community
- Political security community gives importance to human rights, drugs, foreign relations, defense, law and transnational crimes.
- Economic community includes economic and finance ministers, central bank governors, free trade area, investment area, agriculture and forestry, etc.
- Socio-cultural community is for culture and arts, sports, disaster management, education, environment, health, information, etc.
new concept among the continental communities
Asian regionalism
What countries consist of the Asean +3?
China, Japan and South Korea
T or F. The ASEAN partnered with EAEG to address the Asian financial crises and help each other cope with the crisis.
partnered with the ASEAN +3
T or F. The EU is a free trade pact between Canada and the US, created to help reduce trading costs, increase business investment, and help North America be more competitive in the global market place.
(F) NAFTA
a political and economic union established to ensure free movement of people, goods, services, and capital within the org’s single market.
EU
T or F. Integration has been market-driven.
T
T or F. Informal institutions were established.
F (Formal)
Economic grants and overseas development assistance are made available by better what economy?
Asian economies
Cooperation among ASEAN and East Asian countries ensured the ASEAN +3 Financial Minister’s Process that established two economic structures. What are those two?
Chiang Mai Initiative and the Asian Bond Markets
T or F. What led for a greater Asian integration is because the ASEAN do not follow a consensus rule as an approach to decision making.
F (follows)
What countries/continent is the ADB focused?
Asia and Pacific
Japan believes that ___ can be a factor to social development.
investments (MONEEEYYYY)
