W1 - CW - ASIAN REGIONS

Question 1

“a group of countries located in the same
geographically specified area”

Answer 1

REGIONS

Question 2

or are “an amalgamation of two
regions (or) a combination of more than two regions”

Answer 2

REGIONS

Question 3

organized to regulate and “oversee flows and policy choices.”

Answer 3

REGIONS

Question 4

REGIONS

Answer 4

“a group of countries located in the same
geographically specified area” or are “an amalgamation of two
regions (or) a combination of more than two regions”
organized to regulate and “oversee flows and policy choices.”

Question 5

REGIONALIZATION

Answer 5

the growth of societal integration within a region and to the often undirected processes of social and
economic interaction.

Question 6

REGIONALISM

Answer 6

a political process characterized by economic policy cooperation and coordination among countries.

Question 7

COUNTRIES FORM REGIONAL ASSOCIATIONS FOR SEVERAL REASONS (MTFE)

Answer 7

1. Military defense – The most widely known defense grouping is the North Atlantic Treaty Organization (NATO) formed during the Cold War
   when several Western European countries plus the United States
   agreed to protect European against the treat of the Soviet Union.
2. To pool their resources, get better returns for their exports, as well as
   expand their leverage against trading partners.
3. Form regional blocs to protect their independence from the pressures
   of superpower politics.
4. Finally, economic crisis compels countries to come together.

Question 8

ASIAN REGIONALISM

Answer 8

is the product of economic interaction,
not political planning. As a result, outward oriented growth
strategies, Asian economies have grown not only richer, but
also closer together.

Question 9

REGIONALISM VS GLOBALIZATION:
1. AS TO NATURE

Answer 9

globalization - promotes the integration of economics across state borders all around the world

regionalization - is precisely the opposite because it is dividing an
area into smaller segments.

Question 10

REGIONALISM VS GLOBALIZATION:
2. AS TO MARKET

Answer 10

globalization - allows many companies to trade
on international level so it allows free market

regionalized system - monopolies are likely to develop.

Question 11

REGIONALISM VS GLOBALIZATION:
3. AS TO CULTURAL AND SOCIETAL RELATIONS

Answer 11

globalization - accelerate
to multiculturalism by free and inexpensive movement of people

regionalization - does not support this.

Question 12

REGIONALISM VS GLOBALIZATION:
4. AS TO AID:

Answer 12

globalization - international community is also more
willing to come to the aid of a country stricken by a natural
disaster

regionalized system - does not get involved in the
affairs of other areas.

Question 12

REGIONALISM VS GLOBALIZATION:
5. AS TO TECHNOLOGICAL ADVANCES:

Answer 12

globalization - has driven great
advances in technology

regionalization - advanced technology is rarely
available in one country or region.

Question 13

REGIONAL INTEGRATION

Answer 13

is a process in which neighboring
states enter into an agreement in order to upgrade cooperation
through common institutions and rules.

Question 14

INTRA-REGIONAL TRADE

Answer 14

refers to trade which focuses on
economic exchange primarily between countries of the same
region or economic zone.