This document contains a multiple choice quiz about concepts related to globalization. It asks questions about factors that contribute to globalization, how globalization affects different areas, definitions of terms like cultural globalization, and relationships between concepts like the IMF and international monetary fund. It also contains analogy and relationship questions matching related terms from economics and globalization. The document aims to test understanding of key people, events, ideas, and their relationships regarding the history and current state of global economic integration and cultural exchange worldwide.
This document contains a multiple choice quiz about concepts related to globalization. It asks questions about factors that contribute to globalization, how globalization affects different areas, definitions of terms like cultural globalization, and relationships between concepts like the IMF and international monetary fund. It also contains analogy and relationship questions matching related terms from economics and globalization. The document aims to test understanding of key people, events, ideas, and their relationships regarding the history and current state of global economic integration and cultural exchange worldwide.
This document contains a multiple choice quiz about concepts related to globalization. It asks questions about factors that contribute to globalization, how globalization affects different areas, definitions of terms like cultural globalization, and relationships between concepts like the IMF and international monetary fund. It also contains analogy and relationship questions matching related terms from economics and globalization. The document aims to test understanding of key people, events, ideas, and their relationships regarding the history and current state of global economic integration and cultural exchange worldwide.
This document contains a multiple choice quiz about concepts related to globalization. It asks questions about factors that contribute to globalization, how globalization affects different areas, definitions of terms like cultural globalization, and relationships between concepts like the IMF and international monetary fund. It also contains analogy and relationship questions matching related terms from economics and globalization. The document aims to test understanding of key people, events, ideas, and their relationships regarding the history and current state of global economic integration and cultural exchange worldwide.
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I. Multiple Choice: Choose the letter of the best answer and write it on the space provided. [1 pt.
] _____ 1. Global experiences of every person around the world is a contributor to _______________. a. Interdependence b. Globalism c. Globalization d. None of the choice _____ 2. Global experience is something that is really happening, and it is affecting everyone in _____. a. different ways b. mysterious way c. the same way d. All of the choices _____ 3. Because of globalization the world is __________. a. deteriorating b. expanding c. shrinking d. All of the choices _____ 4. The group of people that resists globalization. a. Capitalist b. Communist c. Nationalist d. All of the above _____ 5. Globalization is commonly associated only with ________ due to people’s desire for wealth. a. culture b. economics c. politics d. technology _____ 6. According to Manfred Steger globalization is the ____________________ of social relations and consciousness across world-time and world-space. I. expansion II. intensification III. synchronization IV. liberation a. I, II, III, and IV b. I, II, and III c. I and II d. I only _____ 7. When there is an increase in movement of goods, services, and intellectual property, it is considered as __________ globalization. a. cultural b. economic c. political d. technological _____ 8. Refers to globalization that spread ideas and cultural memes throughout the world, regardless of political divides. a. cultural b. economic c. political d. technological _____ 9. Refers to the formation of international governing bodies. a. cultural b. economic c. political d. technological _____ 10. Which statement is true? a. Globalism only shows disadvantages of globalization. b. Globalization is beneficial at all times. c. Globalization is composed of only 1 factor that summarizes all intersecting dimensions. d. Globalization must be seen at different lenses and perspective to understand its significance.
II. Analogy: The analogies below are word problems that consist of two word pairs. Look at the first pair and decide how the two words relate to each other. Then provide a word/s so the second pair of words will have the same relationship. Choose the letter of your answer and write it on the space provided. [2 pts.] _____ 1. IMF : International Monetary Fund :: GATT: _______________ a. General Agreement on Tourism and Trade c. General Agreement on Tariff and Trade b. Government Agreement on Trade and Tariff d. Government Agreement on Tourism and Trade _____ 2. Past : Gold Standard :: Present : _______________ a. Barter b. Fiat Currency c. Galleon Trade d. Tariff _____ 3. Silk Road : East :: Galleon Trade : _______________ I. East II. North III. South IV. West a. I and II b. I and III c. I and IV d. I only _____ 4. Mercantilism : Consumerism :: Neoliberalism : _______________ a. Keynesianism b. Laisez-Faire c. Communism d. Socialism _____ 5. Gold Standard : Gold :: Fiat Currency : _______________ a. Supply and Demand b. Precious Metals c. Resources d. International Currency _____ 6. GATT : Global Economic Integration :: Neoliberalism : _______________ a. Communism b. Socialism c. Free Markets d. Command System _____ 7. Reduce on tariff : _______________ :: Increase on tariff : Mercantilism a. Neoliberalism b. Galleon trade c. Silk road d. Bretton Woods _____ 8. World bank : Postwar reconstruction :: IMF : _______________ a. Stability of Monetary System b. Credit Crises c. Government Assistance d. All of the choices _____ 9. Even Economic Process : Global Economic Growth :: Uneven Economic Process : ___________ a. Government Weaken environmental laws c. More OFWs b. Race to bottom d. All of the choices _____ 10. Past : _______________ :: Present : Global Economy a. Local Economy b. International Economy c. Global Market d. Market Integration III. Elimination: Choose the letter of word that does not belong to the group by identifying their relationship according to global economy and globalization. [1 pt.] _____ 1. a. Social Relations b. World-time c. Globalism d. World-space _____ 2. a. Technology b. Crops c. Movies d. Tradition _____ 3. a. Consumerism b. Nationalism c. Capitalism d. Mercantilism _____ 4. a. World Bank b. IMF c. Keynesianism d. Mercantilism _____ 5. a. Mercantilism b. Neoliberalism c. GATT d. Laisez-Faire
