It was defined simultaneously as non-atigned world and as the global realm of poverty und under-developed. 1i. Global North c. Second World b. First World d. Third World The Global North includes the following coumtries EXCEPI a. United States c. Africa b. Canada d. New Zealand Which of the following are the institutions that underwrite the basic rules and regulations of economic, monetary. and trade relations between countries? a WTO, IMF & World Bank c. ABP, ASEAN & WTO b. UN, NATO & IMF d. OPEC. NATO & WTO Philippines has increased it in its independence, connectivity, and integration to other countries for easy access to trade and investment. What phenomenon is this? a. Middle fricome c. Semi- peripheral nations b. Peripheral nations d. Poor or low income Which of the following is considered as the oldest known international trade route-a network of pathways in the ancient world that spanned China to what is now the Middle East and to Europe? a. New Road c. F-Road b. Silk Road d. Abbey Road It refers to intemationally agreed rules, conventions, and institutions for facilitating international trade, investments, and flow of capitals among nation-states. a. Intemational Monetary System c. Intemational Criminal Court b. International Banking System d. International Soctial System It refers to the increasing interdependerice of world economies because of the growing scale of cross-border trade of commodities and services. a. Economic Protection c. Econornic Globalization b.Economic Stability d. Economic Development It heavily influenced the shifting of the dominant economic policy for protectionism to trade liberalization or free trade. i. World War 1 c. World War I & II b. World War II d. War in the World What is the single most transformative technology when it comes to the developing world according to the Fconomist Jeffrey Sachs? a. Laptop c. tables b. Earphone d. cellular phone The Industrial Revolution caused the differences among countries according to Branko Milanovic an economist who described an "economio big bang" that resulted to a. Global Warming c. Global Inequality b. Deforestation d. Price hike It means that price differences between countries are eliminated as all markets become one. a. Global market Integration c. Local market integration b. National market inte2ration d. Domestic market integration According to Gereffi the following are the structural periods in the existence of global corporations after the war EXCEPT: a. investment-based period c. digital globalization b. trade-based period d. Computer age The Association that provides loans and grants programs that boost economic growth, reduce inequalifies and improves peoples living conditions. a. United Nations c. International Development As5ociation b. Europian Union d. North American Free Trade Agreement These Institutions wero founded after the World War Pi , mainly because of peace advocacy after the war and to help the economic stability of the world. a IMF & World Bank c. NATO & NAFTA b. UN d. GATT & WTO Which of the following is NOT part of facilitating comections among nation-states? rather than goods? a. Association of Southeast Asian Nations c. European Union b. World Trade Organization d. League of Nations Which of the following is best known for declaring the Intemational Worker's Day (May 1) and Intemational Women's Day (March 8 ) and for initiating the campaign for the cight-hour day? a. Intemarionalism c. Second Internationalism b. social institutions d. Liberal Internationalism Which of the following has 164 member-states and the sole IGO that caters to rules of trade on a global scale? a. World Trade Orgatization c. North Atlantic Treaty Organization b. World Health Organization d. International Monetary Fund Which of the following deals with the rules of trade between nations and help producers, exporters, and importen conduct their business? a. Global international organizations c. Non -zovemmental organizations b. Govemmental orgatizations d. Charitable organizations It emerged as an atriude that seeks to understand all comnections of the modern world and to highilight patternis that underbe them. a. Functionalism c. Globalism b. Structuratism d. Socialism
Answer
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Leonardo Dela CruzProfessional · Tutor for 6 years
Answer
<p> <br />12. d. Third World<br />13. c. Africa<br />14. a. WTO, IMF \& World Bank<br />15. c. Semi- peripheral nations<br />16. b. Silk Road<br />17. a. International Monetary System<br />18.c. Economic Globalization<br />19.c. World War I \& II<br />20.d. cellular phone<br />21.c. Global Inequality<br />22.a. Global market Integration<br />23.d. Computer age<br />24.c. International Development Association<br />25.a. IMF \& World Bank<br />26.d. League of Nations<br />27.c. Second Internationalism<br />28.a. World Trade Organization<br />29.a. Global international organizations<br />30. c. Globalism</p>
Explanation
<p> <br />12. The non-neigment world and the global realm of poverty generally refers Third World which are connected the most undeveloped countries.<br />13. The Global North mainly includes developed countries and regions. Africa, as a continent, is often categorized as part of the "Global South."<br />14. The WTO, IMF and World Bank are all major institutions that regulate economic, monetary, and trade relations.<br />15. The mentioned circ*mstances refers to Semi-peripheral nations.<br />16. The Silk Road is an ancient trade route.<br />17. International Monetary System provides convention and regulations about international trade and flow of capitals among nation-states.<br />18. Increasing interdependence of the economies because of trade and service is referred to as Economic Globalization.<br />19. Both World war I and World War II contributed on shifting from protectionism to trade liberalization.<br />20. Cellular phones have played a vital role in the development of some countries according to economist Jeffrey Sachs.<br />21. Economist Branko Milanovic connection Industrial Revolution with Global Inequality.<br />22. The phrase that means price differences between countries are eliminated as markets become united is called global market integration.<br />23. The Computer age is not one of the structural periods in the existence of global corporations.<br />24. The International Development Association is known for providing loans and grants to improve economic grownth.<br />25. IMF & World Bank were founded after World War II to help stabalize world economy.<br />26. League of Nations was an international organization from 1920 to 1946, which was not part of facilitating the trading of goods among nation states.<br />27. The Second International is famous for declaring the international worker’s day and women's day.<br />28. WTO has 164 member states that focuses on international rules on global scale.<br />29. Global international organizations handles and aids rules of trading among nations.<br />30. Globalism encompasses understanding all connections of the world and highlighting patterns that govern them.</p>
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