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CONTEMPORARY WORLD > MOCK TEST 2 > Flashcards

MOCK TEST 2 Flashcards

1
Q

It is a framework for understanding the historical and
contemporary dynamics of global capitalism and
international relations developed by sociologist
Immanuel Wallerstain in the 1970’s.

A

B. World-System Theory

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2
Q

This refers to the celebration of UN DAY

A

C. October 24, 1945

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3
Q

It is used to analyze globalization, international trade
and persistent economic disparity between wealthy and
poor nations?

A

A. World-System Theory

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4
Q

It is an international system is uneven highly
conflictual and marked by power struggle which is based
from how the human nature is being characterized
selfishness and greed

A

D. Post Modernism

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5
Q

It offers a distinctive approach by highlighting the
structures of economic power rather than patterns of
conflict and cooperation.

A

C. Realism

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6
Q

Which of the following is a common consequence of
globalization on emerging markets?

A

C. Create access to international capital

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6
Q

It is a sociologist framework that examines the ways
global cultural norms and values influence the behavior
and structure of nation-state.

A

A. World-Polity Theory

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6
Q

What is the primary function of the International
Monetary Fund (IMF) in the global Economy?

A

C. To ensure global financial stability by providing short
term financial assistance facing balance of payment
problem to countries

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7
Q

What is a significant factor contributing in the rise of
global supply chains?

A

B. Technological Advancements in communication and
transportation

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8
Q

Which of the following theories argues that global
governance, structure are shaped by the interest and
power of dominants state rather than by need of global
cooperation.

A

C. Realism

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9
Q

The concept of “Responsibility to Protect (R2P)
which aims to prevent genocide, war crimes, ethnic
cleansing and crimes against humanity was endorsed by
the United Nations in which year?

A

B. 2005

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10
Q

The G20, an intemational forum for government and
central bank governors, is considered an example of
which type of global governance structure?

A

B. Multilateralism

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11
Q

Which of the following initiatives is considered a
significant milestone in the establishment of regional
cooperation in Asia, specifically aimed at promoting
economic integration among its members?

A

A. ASEAN Free Trade Area (AFTA)

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12
Q

The “Look East Policy” initiated by which Asian
country aimed to strengthen economic and strategic ties
with Southeast Asia and has contributed significantly to
regional integration effort?

A

B. India

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13
Q

Which multilateral framework in Asia is known for
its security dialogue, involving members from East Asia,
South Asia, and other global powers and serves as a
platform for discussing regional security issues?

A

B. ASEAN Regional Forum (ARF)

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14
Q

It refers to the process by which more people across
large distances become connected in more and in
different ways

A

D. Globalization

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15
Q

The 1st international organization established in 1863

A

C. Universal Postal Union (UPU)

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16
Q

Is the sum of laws norms, policies and institutions
that define, constitute and mediate trans-border relation
between state, cultures, citizens, intergovernmental and
nongovernmental organization.

A

B. Global Governance

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17
Q

The process through which the constraints of
physical space lose their hold on social relations.

A

A. Deterritorialization

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18
Q

The meaning of Globalization according to many
people like, it means a new opportunity to spread the
faith and convert lost soul abroad.

A

C. Korean Pentecostal missionary

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19
Q

This refers to the UNITED NATION that has main
six organs to prevent from the League of nations that
consist 40,000 department and offices around the world

A

B. The Secretarial

20
Q

He introduced Principles of Morals and Legislation
in 1789.

A

D. Jeremy Bentham

21
Q

In the 16th century, it is known to be as the original
source of globalization.

A

D. Europe

22
Q

The century that is evolving into a time of
technological resources, as it advances it also spreads
worldwide. The worldwide spread of technology creates
vast connections that create new opportunities on a
larger scale in social media globalization

A

C. 19th century

23
Q

One is not included in the five core claims of
globalization according to Steger

A

C. Globalization is about the shrinking world

24
Q

As the Global Economy and its increasing integration
of economies around the world, particularly through the
following conditions except one

A

D. Financial capability

25
Q

Filipinos are known as the “World class
professionals” because of being hardworking and
persevering in their chosen profession even in the
overseas

A

C. Globalization of services

26
Q

Wrote his magnum opus an “Inquiry to the world” in
1776

A

C. Adam Smith

27
Q

A French word for “Let people do as they choose”

A

D. Laissez Faire

28
Q

All of the following are characteristic of
Neoliberalism except one

A

B. Increase deficit spending

29
Q

It regulate the global finance and trade

A

C. United Nations

30
Q

McDonalds first open on Hongkong in 1975. After
two years existence, there are around ____ outlet.

A

C. 125

31
Q

The founding chairman of the Microsoft and one the
richest person in the world

A

C. Bill Gates

32
Q

The following countries belong to the Semi-
Periphery EXCEPT ONE

A

B. Brazil

33
Q

These are people who are forced to flee from their
home countries due to conflicts or war for safety
concerns

A

D. Refugees

34
Q

A policy of systematic government interaction in
foreign trade with the objective of encouraging domestic
production

A

C. Neoliberalism

35
Q

A policy that allows businesses to operate with very
little interferences from the government

A

B. Protectionism

36
Q

It means cultures are essentially different

A

B. Cultural differentialism

37
Q

The process by which certain western societies are
dominated by the principles of fast-food restaurants

A

C. McDonaldization

38
Q

The import by non-Americans of products, images,
technologies, practices & behaviors that are closely
associated with America/Americans

A

C. Westernization

39
Q

The Group of 10 countries decided to lend
International Monetary Fund by the G10 to increase in
its lending ability’

A

C. $6 billion

40
Q

This is a type of business that operates in two or
more countries.

A

C. Global Corporation

41
Q

All of the choices below are the mission of IMF
except ONE

A

D. Lending Capacity

42
Q

This was the old name of World Bank before it was
founded

A

C. International Bank for Reconstructive and
Development

43
Q

Originally, how many countries included in the
European Union

A

B.28

44
Q

According To Europa EU, how many treaties that
help created European

A

A. 8 treaties

45
Q

All countries below are part of the Group of Ten
(G10) Except One

A

B. Finland

46
Q

This is one of the Monetary Regimes and it all
started from 1870 to the outbreak of World War 1.

A

A. The Classical Gold Standard

47
Q

He introduced INTERVENTIONALIST liberal ideas
to combat unemployment so most countries are expected
to sacrifice domestic social objectives for the sake of
monetary stability.

A

D. Keynes

48
Q

During the French revolution, the Westphalia system
was challenged and Implemented for the principles of
liberty, equality and fraternity against the power of the
king, nobility and religion in Europe

A

B. Napoleonic Code

CONTEMPORARY WORLD (2 decks)

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