1.

It is a term used to describe the changes in societies and world economy that
result of cultural exchange.
c. Globalization

2. The Philippines has its part in the process of globalization when it signed its
agreements with World Trade Organization in ____________.
1994

3. Which of the following is a driver of globalization?

Technological advance.

4. Globalization represents an increasing integration of all the following except:

a. Economics b. Culture
b. Communication d. Morals
5. It is a key thing to have in Globalization.
a. Power c. Transportation
b. Food d. Sponsorship
6. Considered as one of the most crucial advantages of globalization that had led
the generation of numerous job offers.
a. Education c. Communication
b. Employment d. Transportation
7. All of the following are examples of the benefits of globalization except:
a. A rapid economic transformation made the world more interdependent
b. There is now a global culture with urbanization and resemblance
c. Globalization is the latest stage of Western Imperialism
d. The world is becoming more homogenous, a cosmopolitan culture is
developing in which people think globally
8. It is a policy in which a country does not levy taxes, duties, subsidies or quota on
the import and export of goods or services from other countries.
a. Peace Relations c. Product Quality
b. Cheaper Prices d. Free Trade

9. Globalization could not exist without:

a. Increase trade c. Global transportation
b. A common religion d. A common currency

10. External borrowing takes a big part of globalization because of the following
except:
a. Opportunity for corporate borrowers
b. Better access of external finance
c. Promoting tourism
d. Facilities of syndicated loans
11. What is economic interchange and interdependence?
a. A decreasing trend in world politics.
b. A phenomenon that affects individuals in everyday life.
c. A barrier for cultural amalgamation.
d. Limited to issues of trade.
12. The internet facilitates globalization by:
a. Making it more difficult to contact potential customers abroad.

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 b. Cutting the cost for firms of communicating across borders.
c. Making it harder to send money from one country to another.
d. Making it easier for governments to censor the information received by their
citizens from abroad.
13. Which of the following is great impact of globalization?
a. Culture impact c. Social impact
b. Apparel impact d. Popularity impact
14. Evidence of market integration
a. Portfolio c. Price stability
b. Disturibution d. Convergence
15. A disadvantage of globalization that open the doors for the international trade for
intense competition.
a. Conflicts c. Environment Degradation
b. Disparity d. Cut-throat Competition
16. Which of the following do not facilitate globalization?
a. Improvements in communications
b. Barriers to trade and investment
c. Looser immigration controls
d. Removal of controls on movement of capital across borders
17. What is the name of a political tool used by governmental groups to limit
international trade?
a. Protectionalism c. Subnationalism
b. Free trade d. Fundamentalism
18. It is the oldest international trade route that spanned form China to Middle East
and Europe.
a. Silk Road b. Hard Road c. Gold Road d. Bank Road
19. The galled trade part of the age of ________________.
a. Mercantilism b. trader c. entrepreneurs d. merchants
20. The galleon trade was established in the Philippines in ________.
a. 1551 b. 1561 c. 1571 d. 1581
21. From what country is galleon trade originated?
a. Europe b. Norway c. Moscow d. Russia

22. The Bretton Woods system was largely influence by the ideas of economist
named:
a. John Maynard Keynes c. Woodrow Wilson
b. Klemens Von Metternich d. Vladimir Putin

23. The Bretton Woods Institutions include

a. The United Nations c. The World Bank
b. The European Union d. The International Monetary Fund
24. What is a transnational company?
a. Moving across the world
b. Getting a job from a company in different countries
c. Large global firms that operate in a number of countries
d. Selling goods to countries
25. Which of the following company is a transnational company?
a. Whole Foods c. Aflac
b. Uniliver d. Microsoft
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26. What best describes the current trend of transnationalism? 
a. Transnationalism has failed to affect international relations.
b. Transnationalism has already reached its peak but is waning.
c. Transnationalism continues to progress, but it is difficult to determine how
long it will continue to grow.
d. Transnationalism has already brought countries under a common
government through the UN and continues to be a strong force.
27. Globalization can create problems for business because:
a. It can result in more competition.
b. It reduces vulnerability to political risk and uncertainty when operating abroad.
c. It means that they can increase prices.
d. All of the above.
28. Which of the following is a bad effect of social globalization?
a. Income loss c. Strong patriotism
b. Loss of local culture d. deforestation
29. What is the organization with an international membership, scope, or presence?
a. Global Organization c. International Organization
b. World Organization d. Universal Organization
30. A part of the power of international organization that can invent and apply
categories that creates powerful global standards.
a. Power of classification c. Power to diffuse norms
b. Power of fix meanings d. Power of destiny
31. The power of international organization that spread their ideas across the world
establishing global standards.
a. Power of classification c. Power to diffuse norms
b. Power of fix meanings d. Power of destiny
32. What is a good effect of environmental globalization?
c. Environmental Management
33. Which of the following concepts is used to describe individuals who adopt a
political identification that does not focus on the nation-state?
a. Nationalism c. Patriotism
b. Transnationalism d. Micronationalism
34. The United Nation is an international organization founded in the year ______.
1945
35. The main organs of united nation are following except:
a. General Assembly c. Trusteeship Council
b. Security Council d. Global Council

36. United Nation is currently made up of how many member states?

b. 193
37. It is part of the United Nation which is the principal body for coordination, policy
review, policy dialogue, and recommendations on social and environmental
issues.
d. Economic and Social Council
38. It is task to settle, in accordance with international law, legal disputes submitted to
it by states and to give advisory opinions.
a. International Court of Justice
39. He is the diplomat who played a significant role in the creation of human rights
arbitration in the United Nations.
a. Salvador Lopez c. Francisco Cortez
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 b. Jose Baltazar d. Armando Vidanes
40. What does UNHCR stand for?
United Nation of High Commissioner for Refugees

Test II – True or False: Shade A if the statement is True and B if the statement is False.
(10 points)

1. The power of classification secures the development need to be well defined.

TRUE
2. One of the disadvantages of globalization is it has given rise to more health
risk and present new threats and challenges for epidemics. TRUE
3. World Bank is part of the regional organization. FALSE
4. International organization can be sources of both great good and great harm.
TRUE
5. Foreign Direct Investment constitutes tourist purchasing currency to spend on
a holiday abroad. TRUE
6. Globalization is a bad thing for the culture. TRUE
7. A financial crisis in one country could spread to other countries and create
crisis there. TRUE
8. Communication slows down transportation of goods. TRUE
9. The secretariat consists of the secretary-general and ten of thousands of
international United Nation staff members. TRUE
10. Globalization starts conflicts with other countries. TRUE

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