Midterms

Question 1

It is defined as the process how trade technology and have made the world into a more connected and interdependent place

Answer 1

Globalization

Question 2

Which among the dimensions of globalization is referred to an enlargement and strengthening of political interrelations across the globe?

Answer 2

Political Dimension

Question 3

This refers to process that creates an organic system of the world economy

Answer 3

Economic Globalization

Question 4

What is the personal or institutionalized set of attitudes, beliefs and practices relating to or manifesting faithful devotion to an acknowledged ultimate reality or deity?

Answer 4

Religion

Question 5

This refers to a system that forms rules and standards for facilitating international trade among the nations. It helps in reallocating the capital and investment from one nation to another

Answer 5

International Monetary System

Question 6

What is being referred to the exchange of goods services and capital across national borders?

Answer 6

International Trade

Question 7

This is a category of justice which aims to fulfill the terms of contract and other promises on both personal and social level

Answer 7

Commutative Justice

Question 8

It is an investment made by a company or individual in one country in business interests in another country

Answer 8

Foreign Direct Investment

Question 9

What is the complex and dynamic interactions between and among governmental and non-governmental actors which resulted to hybrid East Asia?

Answer 9

Regionalization

Question 10

What is being referred to the decentralization of political powers or competencies from a higher towards a lower political level?

Answer 10

Regionalism

Question 11

This is referring to the regions of East (or Northeast) Asia, South Asia, the Pacific Islands, and South Asia

Answer 11

The Asia Pacific and South Asia

Question 12

What do you call to the strongest vehicle for social redistribution and the main mechanism for social transfer?

Answer 12

State

Question 13

What do you call to the regions of Latin America, Asia, Africa and Oceania which mostly having low-income and often politically or culturally marginalizes?

Answer 13

Global South

Question 14

(True or False) There are three focuses of trade policy and international trade including tariffs, trade barriers and safety

Answer 14

True

Question 15

(True or False) The ills of the global south are being globalized. Underdeveloped states of the global south are ravaged by merciless IMF policies in the 2020’s

Answer 15

False

Question 16

(True or False) Global Corporation refers to how easily two or more markets can trade with each other.

Answer 16

False

Question 17

(True or False) The World Trade Office (WTO) deals with the global rules of trade between nations with the main function of ensuring that trade flows smoothly, predictable and freely.

Answer 17

True

Question 18

(True or False) Globalization refers to the interconnectedness and interdependence of different countries around the world

Answer 18

True

Question 19

(True or False) In types of trades policies, bilateral trade policy safeguards the best interest of its trade and citizen

Answer 19

False

Question 20

(True or False) There are three focuses of trade policy and international trade including tariffs, trade barriers and safety.

Answer 20

True

Question 21

3 Basic Elements of a State

Answer 21

Territory, People, and Sovereign Power

Question 22

5 Economies that composes BRICS

Answer 22

Brazil
Russia
India
China
South Africa

Question 23

2 Salient points in the history of East Asian Middle-Class Formation

Answer 23

Middle Class Formation in Southeast Asia
New Urban Middle Class in East Asia

Question 24

Prehistoric Period

Answer 24

10000 BCE - 3500 BCE

Question 25

Pre-modern Period

Answer 25

3500 BCE - 1500 CE

Question 26

Early Modern Period

Answer 26

1500 - 1750

Question 27

Modern Period

Answer 27

1750 - 1970