PATEROS TECHNOLOGICAL COLLEGE

BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY (BSIT)

Type of Colleg Subject Code: Subject

SEM Page Date
Examination e Description
MIDTERM BSIT CONTEMPORARY WORLD 1st November
25,2022

NAME: MA. ABIJAH BARROQUILLO SCORE: ________________

SECTION: BSIT - 2C DATE: November 25,2022

I. Multiple Choice
1. It is the word used to describe the growing interdependence of the world's economies,
cultures, and populations, brought about by cross-border trade in goods and services,
technology, and flows of investment, people, and information.
A. Globalization
B. Socialization
C. Integration
D. Interaction
2. It refers to the amount of political cooperation that exists between different countries.
A. Political Globalization
B. Social Globalization
C. Economic Globalization
D. Psychological Globalization
3. It refers to the sharing of ideas and information between and through different countries.
A. Political Globalization
B. Social Globalization
C. Economic Globalization
D. Psychological Globalization
4. It refers to the interconnectedness of economies through trade and the exchange of resources.
A. Political Globalization
B. Social Globalization
C. Economic Globalization
D. Psychological Globalization
5. Globalization motives are idealistic, as well as opportunistic, but the development of a global
free market has benefited large corporations based in the Western world. Its impact remains
mixed for workers, cultures, and small businesses around the globe, in both developed and
emerging nations.
A. True
B. False
6. Globalization is a ______________
A. Social
B. Legal Phenomenon
C. Cultural and Political
D. All of the above
7. These are among the foremost examples of nations that have benefited from globalization.
A. China
B. India and China
C. India
D. Malaysia
8. These countries are among the fast-growing global players in Asia.
A. Indonesia
B. Vietnam
C. Cambodia
D. All of the above
 PATEROS TECHNOLOGICAL COLLEGE
BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY (BSIT)

9. Governments worldwide have integrated a __________economic system through fiscal

policies and trade agreements over the last 20 years. The core of most trade agreements is
the removal or reduction of tariffs.
A. Free Market
B. Free Entry
C. Free Trade
D. Free Labor
10. It is a process which refers to the expansion of firms by consolidating additional marketing
functions and activities under a single management.
A. Market Integration
B. Socialization
C. Globalization
D. Market operation
II. Enumeration

11-14- Four Interconnected Dimensions of Economy

● Economic
● Military
● Environmental
● Social

15-20- Six Organs of United Nations

● The General Assembly

● The Security Council
● The Economic
● The Social Council
● The Trusteeship
● The Secretariat

21-25- Advantages of Asian Regionalism

A vibrant and forward-thinking Asian regionalism may benefit the entire world, not just Asia. It
has the potential to support the region's prosperity, stability, and, with the appropriate policies, reduce
inequality.

III. Give your own insights about the following:

26-30. Globalization on Technology

I believe that technological diffusion, or the dissemination of technology across borders, has
hastened technological globalization. The diffusion of technology to peripheral and semi-peripheral
nations has accelerated over the previous two decades. Inequality, in my opinion, is a natural
consequence of technological globalization. Not everyone has equal access, as with any
advancement in human society. Technology, in particular, frequently brings about developments that
exacerbate existing disparities. In short, the difference is growing wider. This technological
segregation has resulted in a renewed emphasis on ensuring equal access for all.
 PATEROS TECHNOLOGICAL COLLEGE
BACHELOR OF SCIENCE IN INFORMATION TECHNOLOGY (BSIT)

31-35. Globalization in Economics

Economic globalization, in my opinion, encompasses a wide range of processes, opportunities,

and issues associated with the expansion of economic activities across countries around the world.
We are all aware that globalization allows countries to get access to less expensive natural resources
and labor. As a result, they can make lower-cost goods that may be sold around the world.
Proponents of globalization claim that it benefits the globe in a variety of ways, including the fact that
It solves economic difficulties.

Economic globalization is also known to boost firm efficiency and have a significant impact in
increasing the size of each country's economy. And, as far as I can discern, economic development
raises people's living standards and levels of education. It also provides the material foundation for
educational progress.

IV. Essay (300 words)

36-40. How is the state affected by globalization? How is the nation affected by globalization? Do these
institutions/concepts remain relevant? Why/Why not?

Globalization has an impact on states not only politically, but also culturally and economically.
Globalization is also influenced by these states' connectivity and reliance on one another for political stability,
economic growth, and cultural modification or awareness.

Globalization, in my opinion, is purely economic. It has nothing to do with politics or culture. The ultimate goal
of globalization is for every country to be able to participate in the International Supply Chain Market based on
its raw resources, completed commodities, and semi-finished goods.

In a globalized society, I also believe that the state has a vital role to play in establishing and
maintaining a level playing field for private enterprise, individual creativity, and social action.

This condition will lower the likelihood of war and encourage respect for other nations' variety and sovereignty.
As a result, globalization affects every nation in exactly this way, and nothing else. It entails no change in
national culture or customs – except for the tradition of dismissing other nations as useless natural
adversaries. These notions have always been significant, but they have only recently become reachable.

Globalization has resulted in an increase in trade and economic exchanges, as well as an increase in
financial exchanges. The globalization phenomenon was enhanced in the 1970s as world economies opened
up and free trade rules were developed.

Do these institutions/concepts remain relevant? Why/Why not? In my opinion, Yes, globalization has benefited
export-oriented economies more. In general, it has opened up emerging market markets to behemoths from
established economies. As a result, I believe it is still relevant today. Globalization is still a very revolutionary
concept. Its ability to unlock growth is unrivaled.

Regardless of how quickly the world might change, globalization remains vital in today's global social,
economic, and political atmosphere. Globalization is inextricably tied to all aspects of humanity, whether social,
political, economic, or cultural.