WEEK 2: GLOBAL INTERSTATE SYSTEM

Question 1

this tried to address the different problems in the world

Answer 1

the united nations

Question 2

8 millennium development goals of 2015

Answer 2

1. eradication of the extreme poverty and hunger
2. achieving universal primary education
3. promoting gender equality and women empowerment
4. reducing child mortality
5. improving mental health
6. combating diseases like hiv/aids and malaria
7. ensuring environmental sustainability
8. having global partnership for development

Question 3

true or false: based on the 8 millennium development goals of 2015, standards of living in one country is equal to the standards of living of another country

Answer 3

false

Question 4

in the philippines, a person is officially living in poverty if he makes less than this amount a year

Answer 4

100,534 pesos

Question 5

a person is officially living in poverty if he makes less than 100,534 pesos a year; this is called the ________ or the ___________

Answer 5

poverty line, poverty threshold

Question 6

according to UN (2015), this is a condition characterized by severe deprivation of basic human needs such as food, drinking water, sanitation facilities, health, shelter/home, education & information

Answer 6

extreme poverty

Question 7

according to the UN (2015), extreme poverty is characterized by severe deprivation of basic human needs such as:

Answer 7

• food
• drinking water
• sanitation facilities
• health
• shelter / home
• education & information

Question 8

3 types of fairness discussed in the presentation

Answer 8

equality, equity, liberation

Question 9

this is the mortality of children under the age of 5

Answer 9

child mortality

Question 10

child mortality is the mortality of children under the age of ___

Answer 10

5

Question 11

this, also known as under-five mortality rate, refers to the probability of dying between birth and exactly five years of age expressed per 1000 live births

Answer 11

child mortality rate

Question 12

another term for the child mortality rate

Answer 12

under-five mortality rate

Question 13

the child mortality rate refers to the probability of dying between _________ and ________ expressed per 1000 live births

Answer 13

birth, exactly 5 years of age

Question 14

global partnership = ?

Answer 14

development of the country

Question 15

in 2015, UN reported _____ people still living in extreme poverty, but that is down to ______, so there is success or at least a lot of progress

Answer 15

836 million, 1.9 billion

Question 16

this is the biggest contributor to the decreasing poverty rate

Answer 16

economic globalization

Question 17

refers to the increasing interdependence of world economies as a result of the growing scale or cross-border trade of commodities and services, flow of international capital, and wide and rapid spread of technologies

Answer 17

economic globalization

Question 18

2 types of economies associated with economic globalization

Answer 18

protectionism, trade liberalization

Question 19

a policy of systematic government intervention in foreign trade with the objective of encouraging domestic production

Answer 19

protectionism

Question 20

this involves giving preferential treatment to domestic producers and discriminating against foreign competitors

Answer 20

protectionism

Question 21

trade protectionism comes in these 2 forms

Answer 21

quota & tariffs

Question 22

this is the expected number of supplies regardless of the demand

Answer 22

quota

Question 23

these are the required fees on imports and exports

Answer 23

tariffs

Question 24

protectionism involves giving ___________ to domestic producers and _______________ against foreign competitors

Answer 24

preferential treatment, discriminating

Question 25

this is said to be influenced by world war ii

Answer 25

liberalization

Question 26

free trade agreements and technological advances in transportation and communication mean goods and services move around the world more easily than ever

Answer 26

liberalization

Question 27

economists call the idea of liberalization as _______, the idea that countries can skip straight to more efficient and cost-effective technologies that were not available in the past

Answer 27

leapfrogging

Question 28

social institution that organizes production, consumption, and trade of goods in the society

Answer 28

people

Question 29

in market integration, production typically splits into these 3 sectors

Answer 29

primary sector, secondary sector, tertiary sector

Question 30

major economies suffered because of these 3 causes

Answer 30

world war i, the great depression, and world war ii

Question 31

the 5 key elements of the bretton woods system

Answer 31

- gold value - official monetary authority - overseer - elimination of restrictions in currencies - u.s. dollar became the global currency

Question 32

was an international monetary system that established fixed exchange rates for currencies after world war ii. it was designed to promote economic growth and stability, and to prevent competitive devaluations

Answer 32

bretton woods system

Question 33

these 2 establishments were founded after world war ii; their establishment was mainly because of peace advocacy after the war, and they aimed to help economic stability of the world

Answer 33

imf (international monetary fund) and the world bank

Question 34

true or false: the reputations of the imf and wworld bank has been dwindling mainly because of wrong practices

Answer 34

true

Question 35

trade pact between united states, mexico, and canada created on january 1, 1994, when mexico joined the otehr nations

Answer 35

north american free trade agreement (nafta)

Question 36

this helps in developing and expanding world trade by developing international cooperation

Answer 36

nafta

Question 37

when was nafta established

Answer 37

january 1, 1994

Question 38

3 countries involved in nafta

Answer 38

united states, mexico, canada

Question 39

nafta aims to increase _________ for improving __________ in north america by reducing barriers to trade as it expands the markets of these 3 countries

Answer 39

cooperation, work conditions

Question 40

people learned how to domesticate plants and animals, they realized that it was more productive than hunter-gatherer societies

Answer 40

agricultural revolution

Question 41

came newer economic tools, like steam engines, manufacturing, and mass production

Answer 41

industrial revolution

Question 42

these are 2 competing economic models

Answer 42

capitalism, socialism

Question 43

this means that all natural resources and means of production are privately owned

Answer 43

capitalism

Question 44

this means that property is owned by the government and allocated to all citizens

Answer 44

socialism

Question 45

4 factors behind the emergence of global governance

Answer 45

- declining power of nation-states - vast flows of all sorts of things - mass migration of people - horrendous events within nation-states

Question 46

these are the 2 effects of globalization to government

Answer 46

- each state is autonomous unto itself and responsible within its own system of government to those who are governed - policy is developed and implemented in the interest of the people of a state by a specific government