MODULE 2

Question 1

Who said that, “No generation has had the opportunity, as we now have, to build a global economy that leaves no one behind. It is a wonderful opportunity, but also a profound responsibility”

Answer 1

US President Bill Clinton

Question 2

It is the process of bringing people together and making them exchange ideas in traditional borders (Nowacyk, 2017)

Answer 2

Globalization

Question 3

According to ___ & ____ globalization is the increasing economic, political, and cultural integration and interdependence of diverse cultures

Answer 3

Gamble & Gamble

Question 4

What is one world interconnected by an electronic nervous system

Answer 4

Global village

Question 5

Who said that globalization is the flattening of the world?

Answer 5

Friedman

Question 6

True or false: Globalization is not a policy option but a fact to which policy makers must adapt

Answer 6

True

Question 7

What are the pros of globalization?

Answer 7

1. Reduces isolation of poor countries
2. Enhances access to information
3. Increases the speed of operations
4. Integrates people into the world community
5. Efficiency of the entire economic activity

Question 8

What are the cons of globalization?

Answer 8

1. Security deficit and poverty becomes a global threat
2. There are no national solutions to transnational issues
3. Demographic deficit: narrows intellectual potential; causes brain drain
4. Ecology deficiency
5. Reducing the number of jobs

Question 9

True or false: Globalization has undermined the sovereignt of our country because we have to consider our relationship with other countries

Answer 9

True

Question 10

Globalists: Why does globalization foster economic growth?

Answer 10

1. It makes products more accessible to the consumers
2. It streamlines the process of transactions (i.e. through online shopping, and online payment apps)
3. Because of the remittances of OFWs
4. Because it generates jobs

Question 11

Anti-globalist: Why doesn’t globalization foster economic growth?

Answer 11

It subjects the people of the world to financial crises and poverty in the name of corporate greed

Question 12

Globalist: Why is globalization good for the consumer?

Answer 12

1. It increases income by providing greater access to education
2. It offers a greater variety of lower-priced products and services
3. Increases consumer choice

Question 13

Anti-globalist: Why is globalization bad for the consumer

Answer 13

1. It increases wealth inequality
2. It hurts domestic producers
3. Job loss
4. Negative impact on the environment and health of the people

Question 14

Globalist: Why is globalization good for the worker?

Answer 14

1. It increases employment and wages
2. Improves working conditions and protect worker’s rights through movements and integration of policies

Question 15

Anti-globalist: Why is globalization bad for the worker

Answer 15

1. Jobs are shipped overseas to low-wage factories
2. Exploitation of workers in poorer countries
3. Poor working conditions and abuses of workers’ rights

Question 16

Globalist: Why is globalization good for the environment?

Answer 16

1. It provides the national wealth necessary to undertake environmental improvements
2. Initiates environmental movements and campaigns

Question 17

Anti-globalist: Why is globalization bad for the environment?

Answer 17

1. It exploits local environments
2. It contributes to worldwide global warming

Question 18

Globalist: Why is globalization good for developing nations?

Answer 18

1. It accelerates economic growth
2. Lifts millions out of poverty
3. Beneficial for consumers in developing countries who may have limited purchasing power
4. Access to new technologies and ideas from around the world

Question 19

Anti-globalist: Why is globalization bad for developing countries?

Answer 19

1. Subjects developing nations to severe trade and financial lending practices
2. Keeps developing nations trapped in debt
3. Resources are exploited

Question 20

Globalist: Why does globalization promote human rights?

Answer 20

1. Because economic freedom and political freedom are closely linked
2. Through human rights movements and campaigns
3. Adapting human rights laws of more progressive countries

Question 21

Anti-globalist: Why doesn’t globalization promote human rights?

Answer 21

1. Leads to worker exploitation, especially in developing countries
2. Environmental degradation that causes harm to people
3. It exacerbates social and economic inequalities

Question 22

Globalist: Why does globalization foster the growth of democratic governments?

Answer 22

1. Promotes the spread of democratic values through information exchange
2. Pressure/accountability from progressive countries to respect human rights and democratic principles

Question 23

Anti-globalist: Why doesn’t globalization foster democratic governments?

Answer 23

1. It threatens the sovereignty of a nation because we have to consider our relationship with other countries
2. It causes cultural homogenization that make it easier for authoritarian governments to control information

Question 24

Globalist: Why does globalization improve the quality of life?

Answer 24

1. It enables consumers to buy and access a greater variety of products and services
2. Increased access to knowledge and information
3. Increased job opportunities

Question 25

Anti-globalist: Why doesn’t globalization improve the quality of life?

Answer 25

1. It threatens public health
2. It threatens local economies/producers
3. Unequal distribution of wealth
4. Environmental degradation
5. Worker exploitation
6. Cultural homogenization/loss of cultural diversity

Question 26

True or false: As long as you have internet connection, you can talk with anyone around the world

Answer 26

True