NAME: RHEA C.

ALVALADEJO
COURSE, YEAR & SECTION: BSTM-2B
SUBJECT: GE9 - THE CONTEMPORARY WORLD
PROFESSOR: PROF. REGINA C. VILLARUEL

Module 1, Lesson 3
Market Integration
IV. Learning Assessment
A. SHORT ESSAY
Answer the following questions in 3-5 sentences each. Type your answer and send via
messenger. For offline, kindly write your answer on the activity sheet provided. (10 Points Each)
1. As a student, do you have a role in market integration? Why? Explain your answer.
▶As a student, my role in market integration is to become a responsible consumer , as well
as being a good model to others. I know that following the rules or laws in relation to marketing
is also important to be follow in order to have a better economic growth in our country. It has
also a number of social benefits, including broadening the range of financial services and
investment opportunities available to consumers and increasing competition in the provision of
those services. Groups of goods often move proportionally to each other and when this relation
is very clear among different markets it is said that the markets are integrated. Thus, market
integration is an indicator that explains how much different markets are related to each other.

2. From among the three (3) types of market integration, which do you think will benefit most
the company or firm involved in the merger?

▶I think the type of market integration that will benefit most the company or firm involved
in the merger is vertical integration because it helps a company to reduce costs across different
parts of its production process. It also creates tighter quality control and guarantees a better
flow and control of information across the supply chain. Further benefits of vertical integration
include increasing sales and improving profits. Moreover, the rationale behind a vertical merger
includes higher quality control, better flow of information along the supply chain, and merger
synergies, so I believed that in vertical integration will surely benefits the companies involved.

B. NARRATION

Narrate a short history of global market integration in the twentieth century by creating a
timeline of your own design. Your timeline should consist of labels which includes the time or
year and the important aspects or events that happened in that specific time. Examples of
timeline is given to you on the next page. However, you can search for more samples through
the web if you can. Provide you own title. Write your answer on the extra sheet provided.
C. ON INTERNATIONAL FINANCIAL INSTITUTIONS
From among the roles of international financial institutions presented to you, which do you
think is the most beneficial to the member countries? Why? Explain your answer. Provide
examples. Follow the format below for your answers. Write your answer on the activity sheet
provided.

World Bank International Monetary Fund

Role: Coordinator of Development Assistance. Role: Lends money to member countries.

Discussion (write your explanation here): Discussion (write your explanation here):

-I believed that this role is beneficial to the - I believed that this role is beneficial to the
member countries because it coordinates with member countries because IMF lends money
different agencies or countries regarding to its member countries especially those
assistance to be given to its member having difficulties meeting their financial
countries. It also promotes orderly adjustment
of exchange rates and advises member
countries on economic, monetary and
technical matters.
- It brings knowledge and resources to help
communities and governments around the
world as they work to end extreme poverty,
support the advancement of human rights,
and promote resilient, democratic societies
while advancing global security and
prosperity.
- Examples are leads to improving access to
water, healthcare and high-quality education,
protecting biodiversity and combating climate
change: these are essential goals, both for the
populations of the developing countries and
for international stability.
obligations with other countries on the
condition that they undertake economic
reforms to eliminate these difficulties for their
own good and that of the entire membership.
The IMF lends money to nurture the
economies of member countries with balance
of payments problems instead of lending to
fund individual projects. This assistance can
replenish international reserves, stabilize
currencies, and strengthen conditions for
economic growth. For example, the
international community is taking a leading
role in providing financial assistance, to these
nations in the short and medium term that
most affected by the health crisis.

V. Enrichment Activities/Outputs
Kindly read the article below and answer the question below.
1. What roles of International Financial Institutions are shown in the article? Cite evidences to
support your answer.

The roles of International Financial Institutions that are shown in the article are :

▶Loans and Advances Provider

- To ensure that the World Bank has sufficient funding, bilateral donors should make advance
payments to the International Development Association. The World Bank Group will provide
around USD160 billion for developing countries over the next 15 months. As part of a fast-track
COVID-19 facility alone, the group is providing USD 14 billion of advance payments. This allows
the bank to disburse funding to countries more quickly.

▶Lends money to member countries

- The international community and, in particular, the international financial institutions such as
the World Bank and the IMF, should take a leading role in providing financial assistance, to
these nations in the short and medium term. The IMF will provide around USD 50 billion in
emergency lending to the poorest countries and emerging markets. About USD 10 billion will be
offered interest-free to the poorest countries by the Rapid Credit Facility and about USD 10
billion by the Rapid Financing Instrument to emerging markets. The IMF will provide around
USD 50 billion in emergency lending to the poorest countries and emerging markets.

▶Coordinator of Development Assistance

- The IMF has temporarily doubled the annual accessible volume of these two emergency
finance facilities. 44 African nations had already requested financial assistance under these two
instruments by mid-April. The World Bank and the IMF have responded quickly, deploying a
number of instruments to provide a relatively high degree of liquidity to developing countries at
short notice.

▶Mitigates negative effects of globalization

- The international community bears joint responsibility for the world’s poorest countries and
should make particular use of short-term financial support to ensure that these nations do not
lose the development gains they have made so far.

▶Mobilized fronts to support its member

- The international community should take a leading role in providing financial assistance, to
these nations in the short and medium term. According to the World Bank Group President,
without swift action on this front, the development gains made by these countries in recent
decades will be lost.