John Diego Henderson – BSCE – 1B

Exercise I.
Discuss what the particular concepts or words mean to you or what you know of them. What is the impact
on their community?
"exchange stability (IMF)"
Stable exchange rates reduce doubt for businesses engaged in international trade and investment. When
exchange rates are unstable, it becomes more challenging for businesses to forecast costs and revenues,
leading to hesitancy in making long-term investment decisions. Stable exchange rates facilitate smoother
trade flows and encourage cross-border investments.
Exercise II.
What could be your policy advice to an international development agency like FAO and the government
of a middle-income developing country on appropriate policies to mitigate the negative effects of
nutrition transition on local stakeholders like farmers and poor families? What are your thoughts?

-In my own opinion, I would highly suggest that FAO should coordinate with our local government unit
to evaluate areas that are highly affected by the said “nutrition transition”. First, we can always start little
by little, by educating the affected stakeholders on what “nutrition transition” truly means. I only have 3
thoughts for now.
1. We should promote sustainable living as much as possible. Sustainable living is not just about,
Recycling, Renewable Energy, or Managing Food Waste. Sustainable living can also be in the form of;
Growing It Yourself (growing your own food), and educating stakeholders to grow their own food like
vegetables, fruits & and herbs. And if you don’t have a backyard, don’t fret: Many food items can be
grown on your windowsill. Cooking your own food can also help, eating home-cooked meals as a family
regularly is linked to being happier and healthier. They consume less sugar and processed food, which can
result in higher energy levels and better mental health.
2. FAO and our local government unit should create a program and funding for the above-mentioned
example. Create a program and provide educational materials, educational training, and funding. Consult
with professionals such as nutritionists, agriculturists, and economists to execute the plans for the said
program.
3. Lastly, our government should create a law or ordinance to mandate large food manufacturers and
fast-food chains to produce food that is healthier and safe to avoid obesity and diet-related chronic
diseases. If there’s an existing law about it, make sure it is implemented accordingly or make proper
revisions in line with the current community situation.
John Diego Henderson – BSCE – 1B
Assessment 1:

I’m against global free trade or I believe that it will do more harm than good. I understand that global free
trade has the potential to generate significant economic benefits, but it also poses challenges and risks that
need to be addressed through effective policy measures and international cooperation.
1. Job Displacement
- Global free trade can lead to job displacement and income inequality, particularly in industries that face
increased competition from imports. Workers in these industries may lose their jobs or face downward
pressure on wages as companies seek to cut costs to remain competitive.
2. Environmental Concerns
- Global Free trade can contribute to environmental degradation by encouraging the expansion of
industries with lax environmental regulations or promoting the transportation of goods over long
distances, leading to increased carbon emissions and ecological impacts.
3. Loss of Sovereignty
- Global free trade agreements can undermine national sovereignty by imposing restrictions on domestic
policies and regulations in areas such as labor rights, environmental protection, and public health. Critics
raise concerns about the power of international trade agreements to override democratic decision-making
processes.
4. Trade Imbalances
- Global Free trade can lead to trade imbalances between countries, with some nations running persistent
trade deficits while others accumulate surpluses. These imbalances can create economic vulnerabilities
and contribute to financial instability.

Assessment 2.
1. What does domesticating an international norm mean?
- Domesticating an international norm refers to the process by which a country integrates or
adopts a norm that originates from the international sphere into its own domestic legal,
institutional, and social frameworks. This involves transforming an international standard of
behavior or principle into a rule or practice that is enforceable and applicable within the
domestic context of a specific country.
2. What is an example of Globalization initiatives affecting local government? (Explain its
benefits and challenges)

(Benefit)
- Economic Opportunities: Local governments may benefit from increased access to larger
markets and expanded opportunities for trade and investment. For example, local businesses
may find new customers or suppliers in neighboring countries, leading to economic growth
and job creation.
(Challenges)
- Competitive Pressures: On the other hand, local industries may face increased competition
from imports or foreign firms that have a comparative advantage in certain sectors. This can
put pressure on local businesses to adapt, innovate, or diversify their products and services to
remain competitive in the global marketplace.
3. Name an international organization and identify its role in global governance.
- International Labor Organization – Deals with labor problems and international labor
standards and social protection for workers.