Midterms Flashcards
(27 cards)
It is defined as the process how trade technology and have made the world into a more connected and interdependent place
Globalization
Which among the dimensions of globalization is referred to an enlargement and strengthening of political interrelations across the globe?
Political Dimension
This refers to process that creates an organic system of the world economy
Economic Globalization
What is the personal or institutionalized set of attitudes, beliefs and practices relating to or manifesting faithful devotion to an acknowledged ultimate reality or deity?
Religion
This refers to a system that forms rules and standards for facilitating international trade among the nations. It helps in reallocating the capital and investment from one nation to another
International Monetary System
What is being referred to the exchange of goods services and capital across national borders?
International Trade
This is a category of justice which aims to fulfill the terms of contract and other promises on both personal and social level
Commutative Justice
It is an investment made by a company or individual in one country in business interests in another country
Foreign Direct Investment
What is the complex and dynamic interactions between and among governmental and non-governmental actors which resulted to hybrid East Asia?
Regionalization
What is being referred to the decentralization of political powers or competencies from a higher towards a lower political level?
Regionalism
This is referring to the regions of East (or Northeast) Asia, South Asia, the Pacific Islands, and South Asia
The Asia Pacific and South Asia
What do you call to the strongest vehicle for social redistribution and the main mechanism for social transfer?
State
What do you call to the regions of Latin America, Asia, Africa and Oceania which mostly having low-income and often politically or culturally marginalizes?
Global South
(True or False) There are three focuses of trade policy and international trade including tariffs, trade barriers and safety
True
(True or False) The ills of the global south are being globalized. Underdeveloped states of the global south are ravaged by merciless IMF policies in the 2020’s
False
(True or False) Global Corporation refers to how easily two or more markets can trade with each other.
False
(True or False) The World Trade Office (WTO) deals with the global rules of trade between nations with the main function of ensuring that trade flows smoothly, predictable and freely.
True
(True or False) Globalization refers to the interconnectedness and interdependence of different countries around the world
True
(True or False) In types of trades policies, bilateral trade policy safeguards the best interest of its trade and citizen
False
(True or False) There are three focuses of trade policy and international trade including tariffs, trade barriers and safety.
True
3 Basic Elements of a State
Territory, People, and Sovereign Power
5 Economies that composes BRICS
Brazil
Russia
India
China
South Africa
2 Salient points in the history of East Asian Middle-Class Formation
Middle Class Formation in Southeast Asia
New Urban Middle Class in East Asia
Prehistoric Period
10000 BCE - 3500 BCE
