FILAMER CHRISTIAN UNIVERSITY

College of Teacher Education

Accredited Level IV – ACSCU- ACI
Roxas City, Capiz

THE CONTEMPORARY WORLD

MULTIPLE-CHOICE: Read each item carefully. Choose the capital letter of the best answer and write it on the
space provided before each number.
1. Its goal is macroeconomics stability for both member nations and global economy.
A. GATT
B. World Trade Organization
C. International Monetary Fund
D. World Bank Group
2. It is a multilateral organization headquarters in Geneva, Switzerland.
A. World Trade Organization
B. Bretton Woods Organization
C. International Monetary Fund
D. World Bank
3. The following were the organizations spawned by Bretton Woods, except
A. World Bank
B. Organization for Economic Cooperation and Development
C. International Monetary Fund
D. World Trade Organization
4. One of the most effective critics of Bretton Woods Era organizations is the noted economist ___.
A. Joseph A. Stiglists
B. Joseph B. Stiglists
C. Joseph E. Stiglists
D. Joseph B. Stylist
5. It is an international not-for-profit organization that perform public functions but are not established
or run by nation-states.
A. International Organization
B. International Nongovernmental Organization
C. Nongovernment Organization
D. International Monetary Fund
6. It is a society whose social structure is made of networks powered by microelectronics-based and
communication technologies.
A. Technology Society
B. Internet
C. Technical Society
D. Network Society
7. It is a realm in which people can engage each other more or less directly and in which they can
analyze and criticize their political and economic institution.
A. Civil Society
B. Global Civil Society
C. Civic Society
D. Nation Society
8. It is the technological paradigm that constitutes the material basis of early twenty-first century
societies.
A. Capitalism
B. Globalism
C. Nationalism
D. Informationalism
9. This can be seen as an integration of the subgroups that define themselves as a nation with the
organizational structure that constitutes the state.
A. Global Civil Society
B. United Nations
C. Nation-State
D. Civil Society
10. The United Nations was founded by Charter on ___.
A. October 24, 1845
B. October 24, 1945
C. October 25, 1965
D. October 25, 1945

11. The following are the purposes of the United Nations, except.
I. To maintain international peace and security
II. To promote unity, prosperity and sustainability and pursue measures in resolving disputes
III. To develop friendly relations among nations
IV. To be a center for harmonizing the actions of nations
A. I, II
B. I, II,III
C. II, III
D. I, II, III, IV
12. A tax on goods paid by the country shipping the products.
A. Sales Tax
B. Tariff
C. Export Tax
D. Free-Trade
13. When countries do not charge each other tariffs when trading.
A. Free Trade
B. Border Sale
C. Border Discount
D. Global Trade
14. The development of a worldwide economy where resources flow fairly freely across borders.
A. Globalization
B. GDP
C. Economy
D. Economic Independence
15. Companies get goods, services, or resources from an outside supplier.
A. Bartering
B. Purchasing
C. Trading
D. Outsourcing
16. Apple Products are made outside the U.S. and their headquarters are in California. What type of
company is Apple?
A. Foreign
B. Domestic
C. Territorial
D. Primary
17. Who benefits the most from Globalization?
A. Workers
B. Companies
C. People buying the goods and services
D. Countries
18. Globalization is bad for poor countries because of.
I. low wages
II. high wages
III. Working hours are not safe
IV. long hours
A. II ONLY
B. I AND II
C. I, II, AND III
D. I, III AND IV
19. Globalization is bad because of.
I. Pollution
II. People lose jobs
III. Technology improved
 IV. Lower prices for consumers
A. I AND II
B. II ONLY
C. I, II, AND III
D. III ONLY
20. Globalization is good because of.
I. Competition creates better products
II. Exchange of knowledge, ideas, and languages
III. Jobs move from rich countries to poor countries
IV. Companies get rich while many workers do not
A. I ONLY
B. I AND II
C. III AND IV
D. I, II, III, AND IV
21. The making, buying, and selling of goods and services.
A. Globalization
B. GDP
C. Economy
D. Economic Independence
22. The growing interdependence of the world’s economies, cultures, and populations, brought by
cross-border trade in goods and services, technology, and flows of investment, people, and information
is the__.
A. Multiculturalism
B. Globalization
C. International Trade
D. Ecommerce
23. The comparative advantage encouraged by the globalization, brings these effects to the society.
I. Promotes economic growth
II. Makes production more efficient
III. Lowers prices of goods and services
IV. Economic Independence
A. I AND II
B. I, II AND III
C. I, II, III, AND IV
D. II AND III
24. Globalization benefits are:
I. Limiting military conflicts
II. Increases competition
III. Makes markets more efficient
IV. Competition creates better products
A. I AND II
B. I, II AND III
C. I, II, III, AND IV
D. II, III, AND IV
25. Globalization enables large companies to realize economies of scale that reduce costs and prices,
which in turn supports further economic growth, although this can hurt many small businesses
attempting to compete domestically.
A. Economies of scale
B. Foreign Direct Investment
C. Technological Innovation
D. Domestic Investment
26. This benefit trends to increase at a much greater rate than the growth in world trade, helping boost
technology transfer, industrial restructuring, and the growth of global companies.
A. Economies of scale
B. Foreign Direct Investment
C. Technological Innovation
D. Local Investment
27. Increased competition from globalization helps stimulate new technology development, particularly
with the growth of FDI, which helps improve economic output by making processes more efficient.
 A. Economies of scale
B. Foreign Direct Investment
C. Technological Innovation
D. Domestic Investment
28. Which are the Globalization risks?
I. Interdependence
II. Equity Distribution
III. National Sovereignty
IV. Specialization
A. I AND II
B. I, II AND III
C. III ONLY
D. I, II, III AND IV
29. Increasing interdependence of nations and people across the globe.
A. Infrastructure
B. Interdependence
C. Globalization
D. Specialization
30. The exchange of goods and services by sale or barter driven by the need for resources.
A. Fair Trade
B. Trade
C. Globalization
D. Standard of Living
31. A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on
imports) or subsidies (taxes on exports).
A. Free Trade
B. Goods
C. Trade
D. Supply and Demand
32. Products meant to satisfy the wants and needs of buyers.
A. Goods
B. Commodity
C. Trade
D. Outsourcing
33. A large company that has operations in more than one country.
A. Domestic Corporation
B. Foreign Corporation
C. Multinational Corporation
D. State Corporation
34. What are some negatives of globalization?
I. Workers are exploited in sweatshops
II. Low wages for factory workers in Asia and Africa
III. Pollution and deforestation
IV. Job employment
A. I AND II
B. I, II AND III
C. III AND IV
D. II AND III
35. What are some positives of globalization?
I. Cheap sneakers and clothes
II. Cheap electronics
III. Internet and social media
IV. Production of good products
A. I AND II
B. I, II, III AND IV
C. III AND IV
D. I, II AND III
36. Investment by a person or company based in another country is called___.
A. Distribution
 B. Foreign Investment
C. Economics Interdependency
D. Imports
37. Globalization has brought economic growth to many developing countries. This has meant jobs for
millions of people. It has also increased “______” among countries.
A. imports and exports
B. economic interdependence
C. multinational corporations.
D. free trade
38. The way resources, power, or good are divided among people or groups.
A. free trade
B. distribution
C. foreign investment
D. imports and exports
39. What was the agreement for Bretton Woods System?
A. Fixed Exchange Rate
B. US dollar was pegged to gold at $35 an ounce
C. US dollar as reserve currency
D. All of the above
40. Which were the two institutions that were instituted during the Bretton Woods System Era?
A. World Trade Organization and World Bank
B. World Trade Organization and United Nations
C. International Monetary Fund and World Trade Organization
D. International Monetary Fund and World Bank
41. Which philosopher came up with the Invisible Hand Theory?
A. Karl Marx
B. Noah Weber
C. David Richardo
D. Adam Smith
42.  North American Free Trade Agreement (NAFTA) is an agreement between all of the following
countries EXCEPT
A. United States
B. Great Britain
C. Mexico
D. Canada
43. Free trade means
A. the countries use the same currency
B. there is a quota on some goods
C. no trade barriers
D. trade is quick and easy
44. What is the purpose of NAFTA?
A. To increase trade between all countries
B. To eliminate the environmental issues between the nations involved
C. To help Canada become a more independent nation
D. To increase workplace safety and wages
45. A group of countries that trade without restrictions or tariffs
A. free enterprise
B. free trade
C. NATO
D. common market
46. What does it mean “Brexit”?
A. EXIT Britain
B. Brussel exit
C. Britain exit
D. Brother exit
47. Which is NOT a way to decrease your ecological footprint?
A. Eating less meat and processed foods
B. Turning off electricity and water when you are not using it.
C. Walking or biking to school
 D. Driving a large car around for fun
48. In which economic system is the economy COMPLETELY controlled by the government?
A. capitalism
B. communism
C. socialism
D. anarchism
49. In which economic system do private individuals control the economy?
A. capitalism
B. communism
C. socialism
D. anarchism
50. The process of converting a business or industry from government ownership to private ownership
is:
A. collectivization
B. openness
C. privatization
D. restructuring
51. This International Organization helps the least developed countries by stabilizing currency.
A. UN
B. IMF
C. WTO
D. World Bank
52. This is cooperation between at least two countries to reduce trade barriers such as import quotas
and tariffs in order to increase trade of goods and services with each other.
A. GDP
B. Tariff
C. GDP Per Capita
D. Free Trade Agreement
53. A poorer country with a less advanced economy. In general, developing countries are trying to
increase their industries and improve life for their people.
A. Developing Nation
B. Globalization
C. Developed Nation
D. Free Trade Agreement
54. The cutting down of trees in a large area, or the destruction of forests by people.
A. Export
B. Developing Nation
C. Fossil Fuel
D. Deforestation
55. The process of reducing barriers to trade
A. Trade Tariffs
B. Laissez-Faire Economics
C. Trade Liberalization
D. Capitalism
56. An agency of the United Nations that works with the World Bank to bring stability to international
monetary affairs and to help expand world trade.
A. The World Bank
B. HIPC
C. The IMF
D. PICD
57. A system in which government does not intervene (or intervenes only minimally) in the production
and control of goods and services.
A. Free Market Economy
B. Socialist Economy
C. Fixed Economy
D. Facist Economy
58. International organization founded in 1995 that works to improve trade relations among the world’s
countries, especially by removing tariffs and other barriers to trade.
A. The World Trade Organization
 B. The World Bank
C. The IMF
D. HIPC
59. 1994 treaty among Canada, the United States, and Mexico to improve trade by removing tariffs and
other economic barriers.
A. NAFTA
B. USMFTA
C. FTA
D. NUSFTA
60. A dimension of globalization that refers to the expansion of trade globally and the interdependence
of the economies of the world due to the development of global trade networks and transportation and
communications systems.
A. Economic Globalization
B. Social Globalization
C. Political Globalization
D. Industrial Globalization
61. A tax imposed on imports to increase their price and thus reduce competition with domestic
products.
A. Tariff
B. Import Tax
C. Capital Tax
D. Export Tax
62. An agreement forged after WWII in New Hampshire, by 44 countries to establish a system of rules,
institutions, and procedures for the postwar global economy.
A. Free Market Agreement
B. G8 Agreement
C. Bretton Woods Agreement
D. Reparation Agreement
63. Trade Liberalization requires the…
A. a reduction of barriers to trade
B. reduction of private industries
C. increasing trade barriers
D. increasing trade tariffs
64. Nations working together to give one another better trading terms are called:
A. Trading Nations
B. Trading Locations
C. Trading Cards
D. Trading Blocs
65. The action of sending jobs to less developed countries where wages are lower is called:
A. Insourcing
B. Exsourcing
C. Outsourcing
D. Resourcing
66. The act of taking responsibility for the environment to ensure it is around for future generations is
called:
A. Stewardship
B. Prosperity
C. Sustainability
D. Ecoconsciousness
67. Sustainability and prosperity include all the following EXCEPT:
A. Environment
B. People
C. Economy
D. Education
68. The main purpose of a tariff is to:
A. protect domestic industry from competition.
B. promote greater specialization within industries.
C. provide revenue to support continued trade.
D. provide the government with revenue.
69. Generally, a nation should probably specialize in those products:
A. for which worldwide is high.
B. for which its needs are greatest.
C. in which it has absolute advantage.
D. in which it has comparative advantage.
70. Economist Waldo was overheard making the remark that more tariffs could do nothing but enhance
terms of trade for the U.S. “After all,” says Waldo, we’re the most technologically efficient nation in the
world. Why shouldn’t everyone want to trade with us? Meanwhile, we must do something to look out
for ourselves.” Waldo’s argument is based on the fallacious assumption that:
A. most nations of the world want to engage in trade.
B. tariffs can provide a source of revenue.
C. technology can enhance a nation’s terms of trade.
D. trade cannot be mutually beneficial.
71. Economists generally dislike the practice of restricting trade. Their MAIN criticism of this practice is
that it:
A. encourages inefficiency in the market.
B. doesn’t really save jobs despite its costs.
C. promotes retaliations among countries whose products are subject to restrictions.
D. is too difficult and costly to enforce.
72. When was the period of Classical Gold Standard?
A. 1914-1918
B. 1931-1944
C. 1875-1914
D. 1922-1931
73. Who broke away from the Gold Exchange Standard first?
A. America
B. Britain
C. France
D. Germany
74. What was the main purpose of the Marshall Plan?
A. To help Europe in its reconstruction after WWII.
B. Prevent competitive devaluation
C. Encourage countries to maintain low inflation and competitiveness
D. To facilitate multilateral trade and settlements
75. When did the Smithsonian Agreement collapse?
A. 1971
B. 1973
C. 1972
D. 1974
76. What is the name of global currency proposed by Keynes?
A. Bankai
B. Bankor
C. Bancor
D. Bancoi
77. What is globalization?
A. is the set of activities that are associated with making decisions in groups
B. is the process of interaction and integration among people, companies, and governments
worldwide.
C. is the system or group of people governing an organized community, often a state, but also
other entities.
D. is the characteristics of a particular group of people, language, religion, cuisine, social habits,
music and arts.
78. What are the attributes of today’s Global system?
I. countries or states are independent and govern themselves.
II. is a relatively modern phenomenon in human history.
III. international organizations also take on lives of their own.
IV. these countries interact with each other through diplomacy.
A. I, III AND IV
B. II, III AND IV
 C. I, II, III AND IV
D. II AND III
79. Nations’ corporations, imposed themselves on geographic areas in order to gain profits, power, and
so on…
A. Thomas Larson
B. Al-Rhodan
C. Roland Robertson
D. Ritzer
80. Damage to the environment
A. Food and Security
B. Environmental Degradation
C. Leapfrogging
D. Environmentalist
81. Global forces interest with local factors.
A. GLOCAL
B. FREE-TRADE
C. JIHAD
D. FAIR TRADE
82. The concern of social, economic, and environmental well-being of marginalized small producers.
A. Interconnectedness
B. Trade Liberalization
C. Economic Globalization
D. Fair Trade
83. Emphasizes the organic ties that hold groups of people together and inspire a sense of loyalty and
belonging.
A. Nation
B. Nation-State
C. Homogeneity
D. Economic Globalization
84. Political groups that are engaged in an intensification of nationalism.
A. JIHAD
B. ISIS
C. GLOCAL
D. NEOLIBERALS
85. Abundance of the resources of the country.
A. Income
B. Fund
C. Wealth
D. Gold
86. See the effort of the environmentalist as serious impediments to trade.
A. Environmentalist
B. Ecological Modernization
C. Neoliberals
D. Efficiency
87. Regional alliance and worldwide organizations of states.
A. Global Interstate
B. United Nation
C. Nation-state
D. ASEAN

88. Network of connections that transcends distances of different countries of the world.
A. Internationalization
B. Globalism
C. Global Interstate System
D. Globalization
89. The effect of mobile phones in developing countries is an example of…
A. Heterogeneity
B. Cultural Imperialism
C. Media Imperialism
 D. Leapfrogging
90. Globalization is a transplanetary process or set of process involving increasing liquidity(money) and
the growing multidirectional flows of people, objects, and information.
A. Ritzer
B. Bauman
C. Thomas Larson
D. Robert Cox
91. They have investment in other countries, but do not have a coordinate product offering in each
country.
A. International Companies
B. Multinational Companies
C. Global Companies
D. Transnational Companies
92. They are importers and exporters with no investment outside their home countries.
A. International Companies
B. Global Companies
C. Multinational Companies
D. Transnational Companies
93. Establish the notion of the nation-state and the idea of state sovereignty.
A. Treaty of Southphalia of 1946
B. Independence
C. Territory
D. Treaty of Westphalia
94. Refers to the increasing importance if international trade, relation, treaties, alliances among nations.
A. Globalization
B. Globalism
C. Internationalization
D. Interstate System
95. “The formal and informal arrangement that produce a degree of order and collective action above
the state in the absence of global government.”
A. Global Governance
B. Economic Social Council
C. UN
D. Trusteeship Council
96. It shows the contribution of the different financial and economic institution that facilitated the
growth of the global economy.
A. International Monetary Fund
B. Bretton Wood System
C. Market Integration
D. World Bank
97. Which of the following is an attribute of a nation?
A. It governs a specific territory.
B. It exercises authority over a specific population.
C. It highlights the organic ties that hold groups of people together.
D. It imposes sovereignty over its territory.
98. An alliance of North American and European countries that group together with common military
and strategic goals.
A. EU
B. NAFTA
C. NATO
D. WTO
99. An organization that deals with the fair and equitable trade between nations.
A. EU
B. NAFTA
C. NATO
D. WTO
100. What is global governance?
A. refers to institutions, rules, norms and legal arrangements that seek to facilitate
cooperation, and manage relations, between states.
 B. refers to negotiations between actors in the global political arena in response to an
immediate crisis.
C. refers to power exercised through coercion, or threatened acts of coercion, to influence the

actions of other global actors.

D. Donald Trump just presiding like a boss.
101. Which of the following is a driver of globalization?
A. Trade barriers and controls on inflows of foreign direct investment.
B. Weak competition.
C. Technological advance.
D. Economies of scale are being exploited to the maximum.
102. How do organizations cope with the challenges of globalization?
A. By forming regional organizations
B. By forming social relations
C. By forming political network
D. By forming eco-net
103. Which of the following is not included in the areas encompassed by regionalism?
A. Ethics
B. Health
C. Identities
D. Sustainable Development
104. An example of large country which has a lot of resources to dictate how it participates in processes
of global integration.
A. China
B. Japan
C. Singapore
D. USA
105. Which of the following countries take advantage of its strategic location as a response to economic
and political globalization?
A. China
B. Japan
C. Singapore
D. USA
106. Why countries from regional associations?
A. Civil War
B. Military Defense
C. European Conflict
D. Economic Plan
107. The most serious challenge faced by regionalism.
A. Differing visions of regionalism
B. Resurgence of militant nationalism and populism
C. Disagreement among others
D. Financial crisis
108. Globalization is spatial because it occurs in physical places. Which of the following does not support
the statement?
A. Foreign investments and capital move through cities.
B. More people are driven out of city centers.
C. People start purchasing high rise condominium.
D. Cities act on globalization and globalization acts on cities.
109. Ethnic claves where poor muslim migrants are forced out of Paris.
A. Banlieu
B. Cyberbalkanization
C. Gentrification
D. Splinter
110. The phenomenon of driving out the poor in favor of newer and wealthier residents.
A. Banlieu
B. Cyberbalkanization
C. Gentrification
D. Splinter
111. The sociologist popularized the term Global City.
A. Saskia Sassen
B. Peter Berger
C. Herbert Schiller
D. Max Weber
112. Name the indicators of Global City.
I. Political Power
II. Cultural Power
III. Economic Power
IV. Educational Power
A. I, II AND III
B. I, II, III AND IV
C. II AND III
D. III AND IV
113. Which of the following plays a critical role in the global economic supply chain?
A. Shanghai
B. Tokyo
C. Seoul
D. Okinawa
114. Age of Globalization begin at what year
A. 1571
B. 1581
C. 1521
D. 1591
115. It is responsible for funding postwar reconstruction projects.
A. World Bank
B. IMF
C. WTO
D. GATT
116. When economies slow down, this strategy will reinvigorate markets with infusions of capital.
A. Neolibaralization
B. Keynesianism
C. Bretton Woods
D. Washing Consensus
117. Exchange rate system was all based on the value of gold, but it was replaced by a currency which is
determined by their cost relative to other currencies.
A. Dollar currency
B. Fiat currency
C. Silver
D. Philippine Peso
118. Any true form of internationalism should deliberately reject nationalism.
A. Karl Marx
B. Paul Earl
C. Peter Berger
D. Immanuel Kant
119. Economic crises occur when money is not being spend and therefore, not moving.
A. John Maynard Keynes
B. Karl Marx
C. Peter Berger
D. Immanuel Kant
120. Reduce tariffs and other hindrances to free trade.
A. GATT
B. WTO
C. IMF
D. WB
121. “The economic power largely determines which cities are global.”
A. Saskia Sassen
B. Max Weber
C. Friedrich Hayek
 D. Paul Earl
122. “Globalization is a throw away culture that is fatally destined to suffocate hope and increase risk.”
A. Pope Francis
B. Paul Earl
C. Peter Berger
D. Karl Marx
123. It was used 130 BCE when the Chinese Han Dynasty opened trade to the West until 1435 BCE when
the ottoman Empire closed it.
A. Silk Road
B. Galleon
C. Trade
D. Road Train
124. Decline in economic growth and employment and sharp price increase.
A. Stagflation
B. Stagnation
C. Inflation
D. Information
125. It refers to the Cross boundaries and increase international and intercultural communication.
A. Homogeneity
B. Global Village
C. Big Country
D. Complete Democracy
126. The result of fusing homogenization and heterogenization.
A. Hybridity
B. Global Village
C. Globalization
D. Cyberization
127. It shows how and where media is distributed and dependent on technologies of region.
A. Global Village
B. Media
C. Glocalization
D. Mediascape
128. A means of conveying something such as a channel of communication.
A. Media
B. Splinternet
C. Mediascape
D. Echo Chamber
129. It precludes users from listening to or reading opinions and information that challenge their
viewpoint.
A. Splinternet
B. Global Village
C. Segmentation
D. Echo Chambers
130. It refers most broadly to the exercise of domination in cultural relationships in which the values,
practices, and meanings of a powerful foreign culture are imposed upon more native cultures.
A. Media
B. Cyberbalkanization
C. Mediascape
D. Cultural Imperialism
131. In what year does the democratic potential of social media is evident?
A. 2010
B. 2012
C. 2011
D. 2013
132. A type of hybridity where a local adaptation applies into a text that has establish global format.
A. Globalization
B. Heterogenization
C. Homogeneity
D. Glocalization
133. A phenomenon refers to various bubbles people place themselves when they are online.
A. Social media
B. Media
C. Cyberbalkanization
D. Global village
134. It’s the two diacritics which Arjun Appadurai mentioned that fundamentally change human life and
gave rise to globalization.
A. Globalization and Media
B. Migration and Media
C. Global Village and Media
D. Globalization and Migration
135. Who said that the “economic globalization would be impossible without global commercial media
system to promote it”?
A. Arjun Apparudai
B. Marshall Mcluhan
C. Robert McChesney
D. Lewis Mumford
136. The following are the outcomes with which to consider the influence of globalization on culture
except.
A. Global Differentialism
B. Cultural Convergence
C. Cultural Development
D. Cultural Hybridity
137. Its purpose was to unify the world and to share and understand each other cultures.
A. Globalization
B. Cultural Imperialism
C. Globalization and Paradigm
D. Cultural Hegemony
138. He originated the idea of cultural hegemony to describe the power of one group over another.
A. Karl Marx
B. Herbert Schiller
C. Antonio Gramsci
D. Michael Foucalt
139. It is the process and practice of promoting one culture over another.
A. Cultural Hegemony
B. Globalization
C. Cultural Imperialism
D. Globalization Paradigm
140. What are the salient features of Global Cities?
I. International and national connectivity
II. International culture
III. Global economic and political importance
IV. International cuisine
V. International infrastructure
A. I, II, III, AND IV
B. I, II, III, IV AND V
C. II, III, IV AND V
D. III, IV AND V
141. What are the challenges of Global Cities?
I. Inequality
II. Technology
III. Governance
IV. Resources
V. Environmental Threats
A. I, II, III, AND IV
B. I, II, III, IV AND V
C. II, III, IV AND V
D. III, IV AND V
142. What is global city?
 I. It is a goat dancing on a chair.
II. It is a city that gathers population and progress.
III. It is a hub for activities and human beings.
IV. It is a city where everyone is global.
A. II AND III
B. II, III AND IV
C. I AND IV
D. I, II, III AND IV
143. Which of the following citie(s) do(es)n’t belong to the top five global cities?
A. Paris
B. Tokyo
C. St.Gilles Croix de Vie
D. NewYork
144. What term means “Where people are located in their region?”
A. Population
B. Population density
C. Population distribution
D. Demography
145. What term means “The movement of people from the country to cities in modern times”?
A. Population
B. Population density
C. Urbanization
D. Population Distribution
146. What term means “The charting of populations and population change”?
A. Population
B. Population density
C. Demography
D. Urbanization
147. What term means “a measure of how close people live together”?
A. Population
B. Demography
C. Population Density
D. Urbanization
148. In what century did the world’s population reach 1,000,000,000?
A. 18th Century
B. 19th Century
C. 20th Century
D. 21st Century
149. What are the environmental impacts of overpopulation?
I. Deforestation
II. Global Warming
III. Urbanization
IV. Water Pollution
A. I, II AND III
B. I, II, III AND IV
C. I, II AND IV
D. II, III AND IV
150. The change in consumption resulting from a change in real income.
A. Demand curve
B. Elastic
C. Income Effect
D. Inferior Good
151. What determines how a change in prices will affect total revenue for a company?
A. Elasticity of demand
B. Values of elasticity
C. The company’s pricing policy
D. The consumers’ incomes
152. The way that a change in price determines whether or not consumers buy goods.
A. Elasticity of demand
 B. Law of demand
C. Substitution effect
D. Complement
153. A shift in the demand curve means…
A. A change in demand at every price.
B. A rise in prices.
C. A decrease in both price and quantity demanded.
D. A change in consumer income.
154. What happens when consumers react to an increase in a good’ price by consuming less of that
good and more of other goods?
A. Complement effect
B. Substitution effect
C. Law of demand
D. Ceteris paribus
155. A good that consumers will demand more of when their incomes increase?
A. Inferior good
B. demand curve
C. complement
D. normal good
156. What are inferior goods?
A. Goods that are not well produced.
B. Goods for which the demand rises when income falls.
C. Goods that no one wants to buy.
D. Goods for which the demand falls when income rises.
157. When a consumer is able and willing to buy a good or service, he or she creates which of the
following?
A. Consumption
B. Elasticity
C. Demand
D. Allocation
158. What does it mean when the demand for a product is inelastic?
A. People will not buy any of the product when the price goes up.
B. Customers are sensitive to the price of the product.
C. A price increase does not have a significant impact on buying habits.
D. There are very few satisfactory substitutes for the product.
159. When prices rise, which of the following happens to income?
A. It goes down
B. It rises to meet prices
C. It buys less
D. it is used to buy different things
160. A demand that is very sensitive to change in price.
A. Inferior good
B. Complement good
C. Substitute good
D. Elastic good
161. Which of the following is a good that might not be bought when prices rise?
A. Complement
B. Inferior good
C. Substitute
D. Luxury good
162. What is a basic principle of the law of demand?
A. The higher the price, the more people will want the good.
B. Everyone has a limited income that they will spend.
C. When a good’s price is lower, people will buy more of it.
D. Services are of interest in the same way that goods are.
163. Which of the following is an example of a good with an elastic demand?
A. Life-saving medicine
B. Computers
C. Television set
 D. A particular brand of chewing gum
164. A good that is always used with another good.
A. Elasticity of demand
B. Law of demand
C. Substitution effect
D. Complement
165. A good that replaces another demanded good.
A. Law of demand
B. Substitute
C. Inferior good
D. Complement
166. What is not an example of a complement?
A. skis and ski boots
B. electric shaver and charging cord
C. row boat and oars
D. calculator and cellphone
167. It is a move from an origin to a destination.
A. global migration
B. Illegal migration
C. Migration
D. Exportation
168. It is a situation in which people go to live in foreign countries especially to find a job.
A. Migration
B. Exportation
C. Global Migration
D. Illegal Migration
169. They are the people who permanently move to another country.
A. Immigrants
B. Workers
C. Migrants
D. Refugees
170. They are the people who stay in another country for fixed period.
A. Migrants
B. Refugees
C. Immigrants
D. Workers
171. They are the people who are unable or unwilling to return,
A. Illegal immigrants
B. Refugees
C. Workers
D. Immigrants
172. It is a push factor that forces people to emigrate from a country.
A. Environmental factor
B. Cultural factor
C. Socio-Political factor
D. Economic factor
173. It is a sudden or progressive changes in the environment that adversely affect the people’s lives or
living conditions.
A. Environmental factor
B. Socio-Political factor
C. Economic factor
D. Cultural factor
174. What is an immigrant?
A. Someone who enters a foreign country to live.
B. Someone who has to flee their country.
C. The act of leaving a country to live in another.
D. someone who was born in their country.
175. What is the act of being an emigrant?
A. Someone who has family in another country.
 B. To fill specific shortages in the workforce.
C. The act of leaving a country to live in another.
D. To help families reunite.
176. What types of migrants are there?
A. Business: workers migrating
B. Permanent and temporary migrants
C. Refugees
D. Family migration
177. Permanent migrants are…
A. Economic goals
B. Students: individuals coming to Australia to study for a fixed period.
C. Skilled labor: to fill specific shortages in the workforce.
D. Visitor: a short term visitor for business, family visit or tourism
178. Temporary migrants are…
A. Family migration
B. Workers
C. Students, Business and Visitors
D. Humanitarian