1.

It is a free movement of goods, services, and people across the world in a seamless and
integrated manner.
a. Globalization b. Economics c. Barter d. Export
2. This term refers to the largely national trust and other large enterprises of the time.
a. Globalization b. Global c. Corporate Giants d. Corporation
3. The term was used in 2013 and referring to international migration
a. Globalization b. Global c. Globe d. Borderless Society
4. A government authority or license conferring a right on title for a set period, especially the sole
right to exclude others from making, using, or selling an invention.
a. Patents b. Copyrights c. Trademarks d. Label
5. The creation of this organization had made it possible in stimulating increased cross border
trade.
a. UN b. WTO c. IMF d. IFI’s
6. In this stage, the company / institutions moves to a full insider position in these markets
supported by a complete business system including Research and Development.
a. Stage 1 b. Stage 2 c. Stage 3 d. Stage 4
7. In this stage, company / institution moves towards a genuinely global mode of operation.
a. Stage 5 b. Stage 4 c. Stage 3 d. Stage 2
8. As people move to different parts of the world, they spread different ideas, perspective and
customs.
a. Diverse Population b. Population c. Economics d. Economy
9. This theory states that countries that are good at producing particular good are better off
exporting it to countries that are less efficient at producing that good.
a. Theory of Comparison b. Theory of Comparative Advantage

c. Theory of Comparative d. Theory of Advantage

10. It is simply on aggregate of the separate country’s measurement.

a. Globalization b. Global Economics c. Global d. World Economy
11. It has been expanding since the emergence of transnational trade; it has grown at an increased
rate due to an increase in communicatin and technological advances.
a. Globalization b. Economic Globalization c. Global d. Economics
12. It is chartered by more than one country therefore is subjects to international law.
a. IFIS b. UN c. WTO d. IMF
13. It is created by two countries and is technically IFIS.
a. Multiple Nation b. Bilateral Financial Institutions c. Bicameral d. Partnership
14. It has an asset of $2358 billion in 2014.
a. World Bank b. Asian Bank c. BDO d. IDA
15. It provides temporary financial assistance to member countries to help ease balance of
payments adjustments.
a. World bank b. International Monetary Fund c. BDO d. IDA
16. With maturities of up to 20 years at interest rates way below market rates.
a. Short term loans b. very long term loans c. long term loans d. loans
17. It is one that operates in more than one country.
a. Global b. Global Corporation c. Corporation d. Globe
18. It is one that has a headquarters, but also does business overseas.
a. International Company b. Global Business c. Business d. Corporation
19. It means a general controversy in the system, usually concerning some short term vs long term
tradeoffs.
a. Contradiction b. Contrast c. Consensus d. Conflict
20. It deals with inter – regional and transnational division of labor, which divides the world into
core countries, semi – periphery and periphery countries.
a. Globalization b. Global c. World System d. System
21. It refers to the increasing importance of international trade, international relations, treaties,
alliances, etc.
a. International b. Internalization c. Globalization d. Global
22. It is a movement towards political cooperation among transnational actors, aimed at negotiating
responses to problems that affect more than one state on region.
a. Globalization b. World Governance c. Global d. Globalize
23. It was established in 1945 under the UN charter.
a. UN b. IMF c. UN General Assembly d. IDA
24. It is where the South American Institute for Policy and strategy Located.
a. Belgium b. Porto Alegre, Brazil c. Africa d. Bangkok
25. It is where the Institute of World Politics located.
a. Asia b. Europe c. Australia d. Washington, D. C.
1. A
2. C
3. D
4. A
5. A
6. D
7. A
8. A
9. B
10. D
11. B
12. A
13. B
14. A
15. B
16. C
17. B
18. A
19. D
20. C
21. C
22. B
23. C
24. B
25. D