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Asian Regionalism Flashcards

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1
Q

China is home to how many billion people based on the 2018 population projection of the UN?

A

1.4 billion

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2
Q

This country is becoming one of the economic super giants of the world nowadays

A

China

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3
Q

This country has the world’s largest manufacturing economy, is a key exporter, has the fastest growing consumer market, and is the 2nd largest importer of goods

A

China

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4
Q

This country was able to adapt its policies to the dictates of the West as it has incorporated itself to the global economy

A

Japan

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5
Q

When did Japan adapt its policies to the dictates of the West?

A

After WWII

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6
Q

T or F: Japan geographically belongs to the global north

A

False (it geographically belongs to the global south but its qualities are that of the global north)

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7
Q

This is the leading country when it comes to science and technology as it has created some of the best-known electronic companies in the world

A

Japan

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8
Q

This country has become one of the emerging centers of different cultures and has turned itself into a great cosmopolitan city-state

A

Singapore

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9
Q

This country’s economy has been previously ranked as the most open in the world, the joint 4th-least corrupt, and the most pro-business

A

Singapore

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10
Q

This continent has the biggest population with at least 2/3 of the world’s inhabitants

A

Asia

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11
Q

How much land mass does Asia cover with respect to the total land mass of the world?

A

1/3

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12
Q

“Asia” originated from the West, particularly from which country?

A

Ancient Greece

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13
Q

What countries consist of the ASEAN 5?

A

Indonesia, Malaysia, Philippines, Vietnam, and Thailand

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14
Q

What was the average GDP growth of Asia compared to the world?

A

6.3% and 5.1% compared to 3.5%

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15
Q

China is the world’s leading exporter of goods valued at how much?

A

1.99 trillion dollars

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16
Q

United States is the second leading exporter with goods valued at how much?

A

1.45 trillion dollars

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17
Q

T or F: The world lost interest in Asia ever since the EU reached its mature state of regionalism

A

False (the world became more focused on Asia)

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18
Q

Most countries want to form collaborations with these 2 groups because economic and political growth have started to shape up

A

East Asian Countries and ASEAN

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19
Q

This country takes care of its Asian allies in order to enhance their supply of raw materials, human tech skills, and military force

A

United States

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20
Q

This continent keeps a strong relationship with Asia to expand their growing businesses in the field of medical science and research

A

Europe

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21
Q

T or F: Asia is getting worldwide attention

A

True

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22
Q

What makes Asian nations stronger is through the establishment of collaborations and cooperation based on what?

A

Respect

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23
Q

This regional bloc pays full respect for sovereignty and independence of its members

A

ASEAN

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24
Q

How does ASEAN pay full respect for sovereignty and independence of its members?

A

Consensus and Consultation

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25
Asia is exposed to different factors that bring about better ________ of the continent and how member states collectively and separately address challenges
Homogenization
26
This refers to the process of making things uniform or similar; allowing different establishments, big or small, to work together globally
Homogenization
27
This project is one of the best examples of Asian nations' collaboration and cooperation: - Will help to expand the existing PH railway lines and ensure seamless mobility of the people - One of the interventions identified to decongest Metro Manila traffic and promote economic growth in the PH
Metro Manila Subway Project (MMSP)
28
The Metro Manila Subway Project was a project of which 2 organizations?
Dept. of Transpo (DOTr) and Japan International Cooperation Agency (JICA)
29
What was the former name of the Metro Manila Subway Project (MMSP)?
Mega Manila Subway
30
The Mega Manila Subway proposed routes starting from where and ended to where?
Mindanao Avenue to NAIA
31
This is the expansion and intensification of social relations and consciousness across world-time and world space
Globalization
32
T or F: Regionalism and globalization are both related to integration
False (regionalization)
33
This refers to the growth of societal integration within a region and to the often undirected processes of social and economic interaction
Regionalization
34
T or F: Globalization happens across the world while regionalism happens in specific geographical regions
False (regionalization)
35
Social and economic reciprocal actions of regionalization are undirected because of what?
Diversity
36
This refers to regional concentration of economic flows; the process of intergovernmental collaborations between two or more states
Regionalism
37
This term refers to a political process by economic policy if cooperation and coordination are present among countries
Regionalization
38
T or F: Asian Regionalism is an old concept among continental communities
False (new)
39
Asian regionalism consists of 2 groups, what are those?
ASEAN group (50 years old) and the East Asia Economic Group or EAEG (failed)
40
What are the 3 pillars of the ASEAN community?
1. Political security community 2. Economic community 3. Socio-cultural community
41
When and where was ASEAN established?
August 8, 1967 in Bangkok, Thailand
42
Pillar of ASEAN: This gives importance to human rights, drugs, foreign relations, defense, law, and transnational crimes
Political security community
43
Pillar of ASEAN: This includes economic and finance ministers, central bank governors, free trade area, investment area, agriculture and forestry, etc.
Economic community
44
Pillar of ASEAN: This is for culture and arts, sports, disaster management, education, environment, health, information, etc.
Socio-cultural community
45
What countries consist of the ASEAN +3?
China, Japan, and South Korea
46
This group's goal is to address the 1997 Asian financial crisis and help each other cope with it
ASEAN +3
47
T or F: ASEAN has concretized regionalism in the Asian region
True
48
This is a free trade pact between Canada, US, and Mexico created to help reduce trading costs, increase business investment, and help North America be more competitive in the global market place
North American Free Trade Agreement (NAFTA)
49
What 3 countries formed NAFTA?
US, Canada, and Mexico
50
This is a political and economic union established to ensure free movement of people, goods, services, and capital within their single market
European Union (EU)
51
Familiarize yourself with the aspects that led to greater Asian integration:
1. Integration has been market-driven 2. Formal institutions such as the Asian Development Bank (ADB) were established 3. Economic grants and overseas development assistance are made available by better Asian economies 4. Production networks have expanded 5. Cooperation among the ASEAN and East Asian Countries ensued the ASEAN +3 Financial Ministers' Process that established 2 economic structures (Chiang Mai Initiative and Asian Bond Markets Initiative) 6. ASEAN follows a consensus rule as an approach to decision making
52
Which 3 countries get the labor services of skilled Filipino workers?
China, Japan, and South Korea
53
T or F: East Asians market their goods within the region
False (Southeast Asians)
54
This country exports their grocery products to 24-hr convenience stores
Thailand
55
These countries sell their bags and clothing to the region
Vietnam and Indonesia
56
T or F: Teamwork amongst Asian governments has been exerted for a long time now
False (it was only in recent years)
57
This organization promotes social and economic development in Asia: - Composed of 67 members, 48 of which are from the Asia-Pacific region - Aids its members and partners by providing loans, technical assistance, grants, and equity investments. - Initially focused its assistance on food production and rural development to serve a predominantly agricultural region.
Asian Development Bank (ADB)
58
This organization aims to work on human security and quality growth. It targets to promote international cooperation and the development of the Japanese and global economy by supporting the socio-economic development, recovery, or economic stability of developing regions.
Japan International Cooperation Agency (JICA)
59
What are the Philippines' major exports?
Electronic products and copper products
60
This country sells palm oil, rubber, and natural gas within the region.
Indonesia
61
This country produces machinery products and motor vehicles.
South Korea
62
What are the 2 economic structures established by the ASEAN +3's financial ministers' process?
Chiang Mai Initiative and Asian Bond Markets Initiative
63
This process aims to strengthen policy dialogue, coordination, and collaboration on common financial, monetary, and fiscal issues.
ASEAN +3 Financial Ministers' Process
64
This process prevents collision of cultural beliefs and economic policies that are understandably not easy to unite
ASEAN follows a consensus rule as an approach to decision making
65
As a big group, Asian countries established their own ________ that is more focused on Asia and the Pacific
Asian Development Bank (ADB)
66
What country is the forerunner and major contributor of ADB?
Japan
67
T or F: China believes that investments can be a factor to social development.
False (Japan)
68
As a group, Asia has set out in the ________, the 8 aims and purposes
ASEAN Declaration
69
T or F: Asian regionalism has enough institutions and bureaucratic bodies to serve the region
False (they lack it, unlike in EU where the model of single market is effective)
70
Which Philippine president did Chinese leaders express their support to in terms of the campaign against drugs and terrorism?
Rodrigo Duterte
71
What 3 countries are the important regional players that initiate concrete dialogue in formulating visions, shared goals, and roadmaps for cooperation?
China, India, and Japan
72
Where has ISIS started to spread?
Southern Philippines, Indonesia, and Malaysia
73
Which 3 countries had a trilateral security meeting that agreed to conduct joint navy patrols to prevent entry and exit of terror groups?
Philippines, Indonesia, and Malaysia
74
What village in what country disengaged from globalization?
Santi Suk Village in Thailand
75
What did Santi Suk village call their currency?
Bia
76
T or F: Santi Suk's currency of Bia was regulated by the central bank of Thailand
False (central bank of the village)
77
T or F: Santi Suk's Bia can be exchanged for the Thai Baht
False (cannot, only participating villages can exchange it)
78
T or F: Globalization and regionalization are the same
True (they both refer to integration; what differs is the scope)
79
This comes in the forms of regional alternatives to globalization that spawned within and among regions in Asia
Regionalism
80
T or F: Asian integration did not happen based on one historical event
True (there were different factors that led to its alliance)
81
Disengagement in the Philippines also took place, which city is ruled by a king and queen, and has its own currency?
Iligan City

Contemporary World (2) (2 decks)

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