Unit Test 1 Flashcards
This is a process of removing state-imposed
restrictions on movements between countries
in order to create an “open”, “border less”
world economy.
A. Internationalization
B. Liberalization
C. Universalization
D. Modernization
B. Liberalization
This is an outlook that is limited to one’s
immediate community.
A. Americanization
B. Imperialism
C. Parochialism
D. localization
C. Parochialism
This is a type of Globalization where the Earth
is seen as a single ecosystem rather than a
collection of separate ecological systems
because so many problems are global in
nature.
A. Ecological Globalization
B. Economic Globalization
C. Geographical Globalization
D. Religious Globalization
A. Ecological Globalization
This is one among the 4 Parameters of
Globalization.
A. Creation of an environment for flow
capital and investment among
countries
B. Money and capital markets should be
developed
C. Quotes and tariffs must be removed
D. The business expands throughout the
world
A. Creation of an environment for flow
capital and investment among
countries
This type of Globalization is heavily criticized
as destructive to local culture.
A. Cultural Globalization
B. Economic Globalization
C. Political Globalization
D. Sociological Globalization
A. Cultural Globalization
Here, “globalization” is the process of
spreading various objects and experiences to
people all around the world. What is it?
A. Imperialism
B. Localization
C. Regionalism
D. Universalization
D. Universalization
The following are features of Globalization<
EXCEPT?
A. Manufacturing and distributing can
be done at any part of the world
based on feasibility and viability
B. Outsourcing of goods and services can be
done
C. Right to vote during election
D. The business expands throughout the
world
C. Right to vote during election
This was the year when the UNITED
NATIONS (an international organization)
came into being.
A. 1945
B. 1965
C. 1985
D. 2005
A. 1945
This statement is one among disadvantages of
Globalization.
A. Decrease in prices of goods and services
B. Environmental degradation
C. Increase in quality of goods and services
D. Reduction in cultural barriers
B. Environmental degradation
The company becomes a true foreign
company by serving the needs of foreign
customers just like the host country’s
company serves. What classification does it
belong?
A. Condition of globalization
B. Disadvantage of globalization
C. Parameter of globalization
D. Process of globalization
D. Process of globalization
This is ‘the removal of controls’ in order to
encourage economic development.
A. Cultural globalization
B. Economic growth
C. Financial globalization
D. Liberalization
D. Liberalization
The global flow of ideas, knowledge and
values is likely to flatten out cultural
differences between nations, regions and
individuals. What is it?
A. Cultural globalization
B. Ecological globalization
C. Political globalization
D. Sociological globalization
A. Cultural globalization
This is a movement towards political
cooperation among transnational actors
aimed at negotiating responses to problems
that affect more than one state or region.
What is it?
A. APEC
B. Global Governance
C. United Nations
D. World Health Organization
C. United Nations
One of the statements below best described
what Interpersonal Relations is all about.
What is it?
A. A political principle which transcends
nationalism and advocates a greater
political or economic cooperation among
nations and people
B. Those authoritative actions,
understandings, or commitments of the
authorities of groups within one state
with those groups or citizens of another
state, or those relations within groups
whose membership and organizations
transcend states.
C. Those relations of or between
citizens of different states acting in
their personal interests
D. Those companies selling goods to the
citizens of other states, contacts between
foreign firms, or a company contracting
with a foreign firm.
C. Those relations of or between
citizens of different states acting in
their personal interests
Ozone layer is an issue connected to what
type of globalization?
A. Ecological globalization
B. Economical globalization
C. Geographical globalization
D. Sociological globalization
A. Ecological globalization