Globalization

Question 1

Process of expanding various sociocultural and socioecological processes from national to international and transcultural level

Answer 1

GLOBALIZATION

Question 2

Is a measurement of flows and interconnections of a country to other global players through exchanges in trade, capital, people and information

Answer 2

GLOBAL CONNECTED INDEX (GCI)

Question 3

Is seen as the process that focuses on the movement of trade, capital and ideas

Answer 3

GLOBALIZATION

Question 4

Integration of different markets and culture

Answer 4

GLOBALIZATION

Question 5

Breaking down of territorial boundaries is eminent

Answer 5

GLOBALIZATION

Question 6

Globalization is the changes in the temporal connections of people

Answer 6

Scholte (2005)

Question 7

Identifies macro-cultural changes in a globalized society

Answer 7

Scholte (2005)

Question 8

4 Key Shifts in a Society

Answer 8

Growth of trans- and supra- tarritorial connectivity

The shift from capitalism to hyper capitalism focused in production

A move from nationalism toward identifying pluralism and hybridity

From rationalism toward knowledge reflexivity

Question 9

Factors Driving Globalization

Answer 9

Reductiom of trade barriers

Modern technology development as a key of globalization

Further promoted the development and information society

Question 10

It is a key of globalization

Answer 10

Modern technology developments

Question 11

An idea of prescribed path to attain development through certain set of activities, according to a defined vision

Answer 11

Development Paradigms

Question 12

Integration of economies throughout the world

Answer 12

Economic Globalization

Question 13

Trading and financial flows across countrie’s borders

Answer 13

Economic Globalization

Question 14

Export/import

Answer 14

Trading

Question 15

Economic exchanged

Answer 15

Trading

Question 16

Deals between countries

Answer 16

Trading

Question 17

Foreign investment

Answer 17

Capital Movement

Question 18

Money lent to foreign business or governements

Answer 18

Commercial Loan

Question 19

Money granted by rich countries to developing nations

Answer 19

Official Flows

Question 20

Buying or putting up a firm in a foreign country or contributing to the enhancement of an existing firm

Answer 20

Foreign Direct Investments

Question 21

Migration

Answer 21

Movement of People

Question 22

Refers to increasing “contact between people and their cultures - their ideas, their values, their ways of life”

Answer 22

Cultural Globalization

Question 23

Linked to globalization of lifestyles such as music, media, fashion, food, as well as globalization of knowledge, science, and technology

Answer 23

Cultural Globalization

Question 24

Enlargement of the international political system and its establishments, wherw inter-regional dealings including trade are managed

Answer 24

Political Globalization

Question 25

Political decision making can transcend the boundaries of nations

Answer 25

Political Globalization

Question 26

Managing economic and trading matters, security, environment and other international issues, some institutions come into play (World Bank, IMF, UN)

Answer 26

Political Globalization

Question 27

International businesses that are important players in globalization

Answer 27

Transnational Corporations

Question 28

Meaning of UN

Answer 28

United Nations

Question 29

Meaning of ASEAN

Answer 29

Association of Southeast Asian Nations

Question 30

Facilitate investment of capital for member countries

Answer 30

World Bank

Question 31

Fund large-scale projects by providing loans for member countries

Answer 31

World Bank

Question 32

Implement the Structural Adjustment Policies (SAP's) for countries borrowing

Answer 32

World Bank

Question 33

Provide short-term emergency loan

Answer 33

International Monetary Fund

Question 34

Help bring enormous flow of foreign money through loans and speculative investment

Answer 34

International Monetary Fund

Question 35

Meaning of IMF

Answer 35

International Monetary Fund

Question 36

Create rules for global trade and investment

Answer 36

World Trade Organization

Question 37

Aim to reduce tariffs

Answer 37

World Trade Organization

Question 38

Create agreement for member countries regarding multilateral policies that push governments to relax regulations on environement, food safety, and product quality

Answer 38

World Trade Organization

Question 39

Encourage countries to deregulate economies

Answer 39

World Trade Organization

Question 40

Meaning of WTO

Answer 40

World Trade Organization

Question 41

Meaning of GCI

Answer 41

Global Connected Index

Question 42

Meaning of SAP

Answer 42

Structural Adjustment Policies