Larcade Arcana

Marine Transportation IV

  MODULE 1: GLOBALIZATION AND ITS EFFECTS IN THE DEVELOPMENT OF

THE MODERN ECONOMY AND POLITIC

Quiz

1. The study of globalization enables one to look at the world from a wider
perspective and prevents one from falling into the pit of parochialism.TRUE

2. Globalization has caused the intensification and acceleration of social exchanges

and activities.TRUE

3. The International Monetary System (IMS) refers to the guidelines, practices,

implements, amenities, and establishments for facilitating international
payments.TRUE

4. Another significant development in the realm of globalization is the emergence the

global corporations.TRUE

5. Ideologies show an intelligible view of the world not only as it is,            but also
what it ought to be.TRUE

6. "Market Globalism" is construed as the dominant ideology of the      present times. .
TRUE