A. Essay: Answer the following questions briefly (5 points each and write 10 – 15 sentences). 1. What is globalization? (own definition) 2. What do you think are the effects of globalization in our lives? 3. (Follow up question for number 2) It is positive or negative? Explain 4. What are the impact of globalization? 5. What is the scope for state authority in contemporary globalization? 6. Does globalization foster democracy through transnational demonstration effects, growing human rights awareness, and civic activism across borders, or do the economic affects globalization, by fostering social inequality? 7. Does globalization hop rather than flow? 8. Describe how globalization has connected the world economies. 9. What do you think is the importance of defining globalization? 10. Do you agree with the idea that the contemporary world is characterized by high liquidity? Why or why not? 11. What do you think are the advantages and disadvantages of homogenization and heterogenization of culture? 12. Because of globalization do you think that Philippines can be a better nation? Explain. 13. Do changing structure of the global economy affects the Philippines? 14. What is neoliberalism? How does it relate to globalization? 15. How do modernity and postmodernity relate to globalization? B. What are the impact of globalization with regards to the following (5 points each and write 7-10 sentences): 1. Economic 2. Social 3. Political 4. Global 5. Trade 6. Technology 7. Transportation 8. Environment 9. Culture 10. Education 11. Health 12. Tourism 13. Employment 14. Borders 15. Conflicts
C. Explain the following pictures base on globalization (5 points each and write 5- 10 sentences): 1.
2. 3.
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D. Enumeration: answer the folowing questions
1. Invasion by other countries. 2. Movements of people that are spontaneous or that emerged through enormous grassroots organization 3. It was design to be a place where countries could come to discuss their issues without resorting to violence and war, a majot force in government interstate relations. 4. The network of ocnnections that trancends distances of different countries in the world. 5. It is technological paradigm conflict associated with computer science and modern telecommunication that replaces industrialism. 6. The increasing interdependence of world economies as a result of the growing scale of cross-border trade of commudities and wide and rapid spread of technologies. 7. Usually comes in the form of quotas nad tariffs. 8. Goods and services move around more easily than ever 9. Taxes on imported goods. 10. Marked the peak of protectionism. 11. This establishment has amore long-term approach; revolved around the eradication of poverty and it funded specific projects that helped them reach their goals, especially in poor countries. 12. It refrs to the increasing integration of economic around the world, particularly through the movement of goods, services, and capital across borders 13. It was the result og Uruguay Round of the General Agreement on Tariffs and Trade. 14. It is both a concrete local instructure in which individualas or firms sell and by goods, a virtual institution across space where the same kind of exchange occurs. 15. This historic event brought an end to the classical gold standard. 16. This areas lacks a strong central govvernment and posesses disproportionately small share of the world’s wealth. 17. Economy production sector that extracts RAW material from natural environments 18. Economy production sector that gains the raw materials and TRANSFORMS them into manufactured goods. 19. Economy production that involves SRVICES rather than goods. 20. Greatly affected by the Bretton Woods System. 21. Difficulty to ties culture to a specific geographic point of origin. 22. Migrants on the move because they want to and can afford it. 23. Emphasizes the integration of local and global cultures. 24. Statistical data relating to the population and particular groups within it. 25. Two diffirent type of economies associated with economic globalization. E. Multiple Choice: Read the following questions and choose the correct answer. 1. It is a term used to describe the changes in societies and world economy that results of cultural exchange. a. Liberalization b. Internationalization c. Globalization d. Culturalization 2. The Philippines has its in part process of globalization when it signed its agreements with World Trade Organization in? a. 1994 b. 1995 c. 1996 d. 1997 3. Which of the following is a driver of globalization? a. Trade barriers and controls on inflows of foreign direct investment b. Weak competetion c. Technological advance d. Economies of scale are being exploited to the maximum 4. Globalization represents an increasing integration of all the following except: a. Economies b. Communications c. Cultures d. Morals 5. It is the key thong to have in globalization. a. Power b. Food transportation c. Sponsorship 6. Considered as one of the most crucial advantages of globalization that had led the generation of numerous job offers. a. Education b. Employement c. Communication 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 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 which people think globally 8. It is a policy in which a country does not levy taxes, duties, subsidies or qouta on the import and export of goods or services from other countries. a. Peace relations b. Cheaper prices c. Product quality d. Free trade 9. How do organization cope with the challenges of globalization? a. By forming regional organization b. By forming social relation c. By forming political network d. By forming eco-net 10. Which of the following is not included in the areas encompased regionalism? a. Ethics b. Health c. Identities d. Sustanable development 11. Regionalism refers to the political process characterized by economic policy. a. True b. False 12. An example of large country which has a lot of resources to dictate how to it participates in process of global integration. a. China b. Japan c. U.S.A. d. Singapore 13. Which of the following countries take advantages of its strategic location as a response to economic and political globalization? a. China b. Japan c. U.S.A. d. Singgapore 14. Why countries form reggional associations? a. Civil war b. Military defense c. European conflict d. Economic plan 15. Most widely known defense group. a. NATO b. NAM c. OPEC d. IMF 16. OPEC consist of the following except: a. Iran and Iraq b. Saudi Arabia c. Kuwait d. Yugoslavia 17. Economic crisis compels countries together. An example of this is, a. When Thailand’s economy collapsed, ASEAN countries agreed to established an emergency fund to anticipate the crisis b. IMF reserved the crisis c. When foreign currency speculators demanded the Asian government payback its loan d. When Vietnam envaded Cambodia. 18. The challenge for new regionalist is that they differ from traditional state regionalism when it comes to identifying problems. a. True b. False 19. The most serious challenge faced by regionalism. a. Differing vision of regionalism b. Resurgence of militant nationalism ang populism c. Disagreement among members d. Financial crisis 20. Religion and globalism is two contrasting beliefs. Which of the following do not support the statement? a. Religion follows devine commandment, globalism abides human made laws b. Religious evangelization is a form of globalization c. Human actions are in moral terms in religion and globalism follows its subsequent wisdom 21. Globalization is spatial because it occurs in physical places. Which of the following does not support the statement? a. Foreign investement and capital move through cities b. More poor people ar driven out of city centers c. People start purchasing high rise condominium d. Cities act on globalization and globalization acts on cities 22. Ethnic enclades where poor muslim migrants are forced out of Paris. a. Banlieu b. Cyberbalkanization c. Gentrification d. Splinter 23. The phenomenon of driving out the poor in favor of newer and wealthier residents. a. Banlieu b. Cyberbalkanization c. Gentrification d. Splinter 24. Australla’s 3rd largest export. a. Education b. Gold c. Dairy d. Cows 25. The sociologist popularized the term Global City a. Saskia Sassen b. Peter Berger c. Herbert Schiller d. Max Weber 26. Name the indicators of Global City a. Political power b. Cultural power c. Economic power d. All of the above 27. Culture imperialism means: a. American values and culture would overwhelm all others b. American culture dominates others c. American create empire 28. It is characterized by increasing integration of economics around the world. a. Economic globalization b. Political globalization c. Cultural globalization 29. It is responsible for funding postwar recontruction projects a. World bank b. WTO c. IMF d. GATT 30. This is the global leader of last resort to prevent individual countries from spiraling into credit crisis. a. IMF b. GATT c. WTO d. World Bank 31. Inaugurated in 1994 prevent catastrophies of the early decades. a. Bretton woods b. Washington consesus c. neoliberalism 32. when economies slow down, this strategy will reinvigorate markets with infusions of capital. a. Neoliberalism b. Keynesianism c. Bretton woods d. Washington consensus 33. Exchange rate system was all based on the value of gold, but it was replaced by a currency which is determined by their cost relstibe to other currencies. a. Dollar currency b. Fiat currency c. Silver d. Philippine peso 34. Countries that designed the system that would avert wars in the future. a. Dutch Republic, France, Sweden, Holy Roman Empire b. Russia, Singapore, China c. London, New York, Japan d. Iraq, Iran, Saudi Arabia, Kuwait, Venezuela 35. Economic crisis occur when money is not being spend and therefore, nor moving. a. Jogn Maynard Keynes b. Karl Marx c. Immanuel Kant d. Peter Berger