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    Contemporary World - Final Exam

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    Lyca Mae Cubangbang
    This document is a final examination for a contemporary world class that covers topics relating to globalization and international relations. It contains two sections - an identification section with 20 multiple choice questions identifying key terms and concepts, and an enumeration/explanation section requiring short answers to questions about the global economy, effects of globalization, and roles of international organizations.

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    Contemporary World - Final Exam

    Uploaded by

    Lyca Mae Cubangbang
    2K views3 pages
    This document is a final examination for a contemporary world class that covers topics relating to globalization and international relations. It contains two sections - an identification section with 20 multiple choice questions identifying key terms and concepts, and an enumeration/explanation section requiring short answers to questions about the global economy, effects of globalization, and roles of international organizations.

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    CONTEMPORARY WORLD - FINAL EXAM

    Original Title

    CONTEMPORARY WORLD - FINAL EXAM

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    This document is a final examination for a contemporary world class that covers topics relating to globalization and international relations. It contains two sections - an identification section with 20 multiple choice questions identifying key terms and concepts, and an enumeration/explanation section requiring short answers to questions about the global economy, effects of globalization, and roles of international organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views3 pages

    Contemporary World - Final Exam

    Uploaded by

    Lyca Mae Cubangbang
    This document is a final examination for a contemporary world class that covers topics relating to globalization and international relations. It contains two sections - an identification section with 20 multiple choice questions identifying key terms and concepts, and an enumeration/explanation section requiring short answers to questions about the global economy, effects of globalization, and roles of international organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    St. Vincent de Ferrer College of Camarin, Inc.

    SVFC Compound,
    San Vicente Ferrer St., Area D, Brgy. 178, Camarin, Caloocan City
    Telephone Number: 668-25-75; Email address: st.vincentdeferrercollegeofccc@yahoo.com
    Website: www.stvfc.com

    FINAL EXAMINATION IN THE CONTEMPORARY WORLD

    Name:__________________________________ Date:________
    Teacher: _______________________________ Score:_______

    I. Identification.

    The social institution has one of the biggest impacts on society is the
    ___________________.
    This means that by reducing or eliminating barriers, all nations will benefit.
    _________________.
    ___________________________ helps in developing and expanding world trade by
    broadening international cooperation.
    ____________________ is a system in which all natural resources and means of
    production are privately owned.
    _____________________ is a system in which the production are under collective
    ownership.
    _____________________ are defined as organizations that exist as legal entities and
    have liabilities that are separate from its members.
    ____________________ is a group of people who have the ultimate authority to act on
    behalf of a state.
    _______________________ demand the states to conform to the rules of free-market
    capitalism.
    ________________________ are movements of people that are spontaneous or that
    emerge through enormous grassroots organization.
    ____________________ is the first element of the state.
    ___________________ refers to the network of connections that transcends distances
    of different countries in the world.
    ____________________ replaces industrialism.
    ___________________ is associated with rights and obligations, for instance, the right
    to vote and the obligation to pay taxes.
    ___________________ defined as a moral and ethical disposition that can guide the
    understanding of individuals or groups of local and global contexts, and remind them of
    their relative responsibilities within various communities.
    _____________________ involves the systematic government intervention in foreign
    trade through tariffs and non-tariff barriers in order to encourage domestic producers
    and deter their foreign competitors.
    II. Enumeration/Explanation.

    1.-3. Three sectors of Economy

    4.-5. Explain the saying “When the American economy sneezes, the rest of the world
    catches a cold.’

    6-10. Five key elements of Breeton Woods System

    11-13. What are the effects of the information revolution in today’s global market? (3
    points)

    14.-15. What are the effects of multinational corporations in the Philippine economy? (2
    points)

    16.-18 In what ways can the state maintain its sovereignty amid globalization? (3 points)

    19-22. Four functions of UN.

    23-25. Do civil society and INGOs strengthen or undermine the role of the governments
    in international relations? Why or why not?

    II. Give the meaning of the following words, and briefly, give their objective, at least one.
    1. GATT – General Agreement on Tariffs and Trade
    The General Agreement on Tariffs and Trade was a treaty created after World
    War II to help the economies of countries affected by the war.
    2. WTO – World Trade Organization
    3. INGOs – international non-governmental organization
    hey often focus on a specific set of issues, such as hunger or disease, and can be funded by
    philanthropies or through partial government funding.

    4. IMF – International Monetary Fund


    5. OPEC – Mga Resulta sa Paghahanap
    Mga resulta sa web

    Organization of the Petroleum Exporting Countries

    6. OECD –
    EU –
    NAFTA –
    MNCs – 10. TNCs – 11. ASEAN –
    12. UN – 13. UNICEF –
    ITLOS –
    ICC – 16. GPS – 17. MRIs –
    18. GNS – 19. FedEX – 20. WSF -

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