(P) L3: Market Integration (Book-based)

Question 1

When ws the United Nations established?

Answer 1

October 24, 1945

Question 2

This is the substitute to the unsuccessful League of Nations

Answer 2

United Nations

Question 3

Aims to promote international cooperation and restore international order

Answer 3

United Nations

Question 4

What year was the first government-sponsored international financial institutions established?

Answer 4

1944

Question 5

What were the two int’l financial institution established in 1944?

Answer 5

World Bank and International Monetary Fund

Question 6

What are the two types of international financial institutions?

Answer 6

Intergovernmental and private

Question 7

Which type of international financial institution is Word Bank?

Answer 7

Intergovernmental

Question 8

Which type of international financial institution is IMF?

Answer 8

Intergovernmental

Question 9

This instituition aims to end extreme poverty and promote shared prosperity in a sustainable way.

Answer 9

World Bank

Question 10

Enumerate the five organizations that belong to World Bank

Answer 10

• International Bank for Reconstruction & Development
• International Development Association
• International Financial Corporation
• Multilateral Investment Guarantee Agency
• International Center for Settlement & Investment Dispute

Question 11

The organizations under this institute facilitate the granting of loans and financial assistance to developing countries

Answer 11

World Bank

Question 12

This institute works to foster global monetary cooperation, serve financial stabilitt, and facilitate international trade

Answer 12

International Monetary Fund

Question 13

This institute also grants financial assistance & loans to developing countries like World Bank

Answer 13

IMF

Question 14

What are the two regional banks and when were they established?

Answer 14

Asian Development Bank (1960) and African Development Bank (1964)

Question 15

These were created to spur social progress and economic growth in order to address and reduce poverty; anchored on the goal of fostering sustainable development in their respective countries

Answer 15

Asian Development Bank and African Development Bank

Question 16

Two examples of private international financial institution

Answer 16

Citigroup and Merrill Lynch

Question 17

This is an American multinational investment banking and financial corporation

Answer 17

Citigroup

Question 18

This is the fourth largest bank in US

Answer 18

Citigroup

Question 19

This is the wealth management division of the Bank of America and provides investments around the world

Answer 19

Merrill Lynch

Question 20

This can be in the form of FDI, stocks, or financial loans

Answer 20

Investments

Question 21

T or F: Only intergovernmental financial institutions help facilitate the functionality of a global economy by lending money to their member states and global corporations

Answer 21

False (Both private and intergovernmental)

Question 22

Intergovernmental institution involved in project lending, establishing structural reforms, providing support and technical assistance

Answer 22

World Bank

Question 23

This institution provides international capital (FDIs, short-term capital, and long-term investment)

Answer 23

WB

Question 24

Intergovernmental institution involved in establishing institutional bodies to address and reduce poverty

Answer 24

IMF

Question 25

This is the result of the establishment of global economy that involved the homogenization of trade and commerce

Answer 25

Global Market Integration

Question 26

These rose as the new ways of putting order to the economic interrelationships among countires

Answer 26

Colonialism & Imperialism

Question 27

This established equity, corporate ownership, management subsidiaries, and central headquarters

Answer 27

Colonialism

Question 28

Started when big American corporations began to emerge after WWII

Answer 28

Global Market Integration

Question 29

A French multinational automobile manufacturer that helped in the military post-war operations

Answer 29

Renault automobiles

Question 30

The rise of global corporations from which countries paves the further development of international trade?

Answer 30

American, Japanese, and European global corporations

Question 31

Who identified the differences among international, multinational, transnational, and global companies?

Answer 31

Iwan, 2012 iwan q sau

Question 32

These are importers and exporters with no investment outside their home countries

Answer 32

International companies

Question 33

These are those that have investments in other countries but do not have a coordinated product offering in each country; more focused on adapting their products and services to each individual market

Answer 33

Multinational companies

Question 34

These have investments and are present in many countries; typically market their products and services in each individual local market

Answer 34

Global companies

Question 35

These are more complex organizations that have investments in foreign operations, have a central corporate facility but give decision-making, research and development, and marketing powers to each individual foreign market

Answer 35

Transnational companies

Question 36

Literature officially traced this as the start of the contemporary market integration

Answer 36

Return of Japanese & Europeans to global market

Question 37

T or F: In 1974, major global economic actors were TNCs

Answer 37

False (MNCs)

Question 38

They were described to be a particular corporate form to dominate global production and exchange

Answer 38

MNCs

Question 39

Caroll (2003) refers to them as the triad

Answer 39

United States, European Union, and Japan

Question 40

What are the three structural periods after the war according to Gereffi (2001)? With their years pls ^^

Answer 40

1. Investment-based period (1950 - 1970) 2. Trade-based period (1970 - 1995) 3. Digital globalization (1995 onwards)

Question 41

This is the funding made to acquire lasting interest in enterprises operating outside the investor with the purpose of gaining an effective voice in the management of the enterprise

Answer 41

FDIs

Question 42

What year did FDIs become the major drivers of global corporate development

Answer 42

1960

Question 43

What year did FDIs triple according to Hedley?

Answer 43

1990

Question 44

During which period were global corporations become controlled by producer-driven commodities

Answer 44

Trade-based period

Question 45

This period affected the operations of global corporations since technology is integrated in both production and consumption

Answer 45

Digital globalization

Question 46

This integrated their production structures to reduce the effects of time and distance in production & consumption

Answer 46

Producer-driven value streams

Question 47

This refers to the changed behavior in retailing their goods and services via the internet

Answer 47

Buyer-driven value streams

Question 48

T or F: Global corporations are very powerful entities that can create a crisis

Answer 48

True

Question 49

T or F: All TNCs and MNCs reached global annual growth by exploiting the environment

Answer 49

False (only some)

Question 50

In this event, global corporations brought chaos to the economy of the Asian region by controlling the FDIs

Answer 50

Asian Financial Crisis (1997)