Directions: Carefully read each item. Write the letter of the best answer.

Use separate sheets for your answers.

1. What is the primary form of economic subsistence of a state?
A. Agriculture C. Foraging
B. Banking D. Market Exchange
2. What political term refers as a sovereign actor with a central government ruling over population and territory?
A. Banks C. State
B. Government D. Trade Unions
3. What is the institution that membership is drawn from two or more countries?
A. Cooperatives C. International Government
B. International Organization D. Trade Unions
4. Which of the following organizations is NOT an example of IGOs?
A. International Monetary Fund C. North Atlantic Treaty Association
B. INTERPOL D. World Health Organization
5. What form of business operation declares the business as separate entity guided by a group of officers known as the Board of Directors?
A. Cooperatives C. International Government
B. Corporation D. Trade Unions
6. What are the members of a public international organization?
A. Board of Directors C. Society
B. Private Business Owners D. States
7. What happens if the nonstate institutions interfere with the government?
A. Conflict and tensions may arise
B. Equal context of political and economic development
C. Equitable health and social development will be distributed
D. Nonstate Organization provides support and assistance through organized frameworks
8. What licensed institution provides several financial services to different type of customers to earn profits?
A. Banks C. State
B. Government D. Trade Unions
9. Which of the following functions is NOT a function of Trade Unions?
A. Fights for Social welfare for workers
B. Advocation for fairness and equality for workers’ compensations
C. Trade unions will organize strikes and demonstrations on behalf of worker demands
D. Support local and international groups to localize the implementation of international policies
10. Which of the following statements is NOT a good effect of MNCs in a state?
A. Cause dependency
B. Introduce technology
C. Encourage interdependently
D. Encourage economic growth

II. TRUE or FALSE. Write True if the statement is correct and FALSE if the statement is incorrect.
1. The state uses absolute power to attain societal goals and objectives.
2. Being a citizen of a state, everyone is entailing the enjoyment of certain privileges that are called rights.
3. Investment Banks issues securities to the investing public.
4. Commercial Banks provide business and personal loans in orders to earn interest.
5. Transnational Advocacy Groups serve as international catalysts for change and development.
6. A cooperative has a primary role of promoting labor welfare.
7. Most trade unions aim to promote the practice of democracy among societies.
8. The government plays a vital role in human society because it is expected that its efforts and initiatives must be aligned with individual
welfare and service.
9. One of the most important roles of banks is to translate agreed-upon values into rights and obligation.
10. World Bank is an example of trade union.
ANSWER KEY:
1. A 1. True
2. C 2. True
3. A 3. True
4. C 4. True DEAR ANGELINE, ALAM KONG IXEROX MO I2 HAHAHAHAHAHAHA WAG KA MAINGAY
5. A 5. True HBD NA LANG HA, LABYU!
6. B 6. FALSE
7. C 7. FALSE
8. B 8. FALSE
9.A 9. FALSE
10. D 10. FALSE