Name: _____________________________ Date: ____________

QUIZ IN CONTEMPORARY WORLD

I. TRUE OR FALSE. Write T if the statement is true or F if the statement is false.

______ 1. North South Trade enables more development in export diversification for developing economies
than the South-South trade.
______ 2. According to Amighini and Sanfilippo, ‘importing from other developing countries has the strongest
impact on export diversification compared to import from developed countries’.
______ 3. Lacher, Hannes, and Julian German are the authors of an article entitled " Before Hegemony: Britain,
Free Trade, and Nineteenth-Century World Order Revisited"
______ 4. United States and other European Union Countries strongly agrees with the Duterte administration's
war-on-drugs.
______ 5. From 1990 to 1997, world GDP increased at an average annual rate of 2.0 percent, on the other hand,
world merchandise exports cultivated at an average annual rate of 6.5 percent
______ 6. Trade economists classified preferential trading agreements into distinct groups: custom unions, free
trade, and common markets only.
______ 7. ASEAN was established after the Cold War.
______ 8. During the Duterte administration, there are four core priorities of Philippine foreign policy.
______ 9. The exchange rate for imports is observed in only one sample country while exchange rate for exports
is observed in more than half of the sample countries.
______ 10. From the book of Robert Wolfe, it is revealed that in the early 1970s, international organization of
agriculture was dominated by the rhetoric of war.

II. IDENTIFICATION.
___________________ 1. The 'S' in BRICS stands for?
_____________________ 2. What is the annual export growth of China according to Didier and Laurent, 2017?
_____________________ 3. She is known to be the European Trade Commissioner.
_____________________ 4. This author concludes that the present domestic issues and problems of the
Republic of the Philippines negatively affects and threatens its international
relations.
_____________________ 5. It is defined as the influence or dominance by one country or social groups over
others.
_____________________ 6. This article states that "The Philippines renounces war as an instrument of national
policy, adopts the generally accepted principles of international law as part of the
law of the land and adheres to the policy of peace, equality, justice.”
_____________________ 7. It is also known as "Philippine Foreign Service Act of 1991".
_____________________ 8. An agreement in which the tariff within the delegated is extinguished while external
tariff is aligned to a common level.
_____________________ 9. A preferential arrangement in which the tariff among the members reduced
relatively but conserved the rate against the non-members.
_____________________ 10. This country is said to be as one of the essential economic player in Asia in terms
of its foreign investments, internalization policy involving trade, technical, aid and
other cast of economic involvement.
_____________________ 11. He is a U.S. senator who fought and exposed the hidden agendas of free trades.
_____________________ 12. These are institutions that dominated the decision of acceptable state policies
and define the limits of politics.
_____________________ 13. This specific type of vehicle Philippines acquired from Spain is one of the many
acquisitions for the modernization of AFP
_____________________ 14. It poses significant effects such that it minimizes the chances of having surpluses
and shortages and ensures the efficient utilization of resources leading to the
overall welfare being of individuals in the society.
_____________________ 15. This is where the General Agreement on Tariffs and Trade (GATT) was launched
in September 1986, for a purpose of mutual disarmament.

Japan South Africa Markets Hegemony

Dondi Tawatao

Custom Cecilia Uruguay CD95 Transport

Malmstrom RA No. 7157
Union plane
Free Trade
Article 11 Foreign Trade
20% George W. Malone
Section 2