tcw prelims

DECREASE IN PRICES OF GOODS & SERVICES

DECREASE IN PRICES OF GOODS & SERVICES

an advantage of globalization?

PROTO-GLOBALIZATION

progressive changes that happened between 1600 & 1800 were referred to by historians as ________

GEOGRAPHICAL

type of globalization that covers wildlife reserves that span several countries?

RESTRICTS COMMERCE OR EXCHANGE OF SPECIFIC GOODS

tensions may arise between countries; hence an embargo may be imposed. what is the effect of embargo?

PROTECTIONISM

when the philippines shields its domestic industries from foreign competition by taxing imports, it is exercising the principle of __________

INTRO OF GUIDING POLICIES IN USE OF TECHNOLOGY

has helped in the improvement of global economic environment?

POLITICAL

to which dimension of globalization are APEC and EU associated with?

POLITICAL

philippines wants to keep up w/ its neighboring countries by modernizing the armed forces. what type of globalization is this?

MORE COMPETITION

globalization can create problems for businesses. which of the following is an example of these problems?

DOMESTIC COMPANY EXPORTS TO FOREIGN COUNTRIES

which of the following is part of globalization process?

TRANSITION FROM HAND PRODUCTIONS TO MACHINE

which of the statements best characterizes Industrial Revolution?

TECHNOLOGICAL ADVANCEMENT

which of the following is a driver of globalization?

ABOLITION OF SLAVE TRADE

the following are results of international exploration & colonization, EXCEPT:

LEVITT

he is credited as the one who popularized the term "globalization"

FREE TRADE

policy in which a country does not levy taxes, duties, subsidies or quota on the import & export of goods or services from other countries

FREE FLOW OF TECHNOLOGY

which of the following can be considered a good parameter of globalization?

PAROCHIALISM

an outlook that is limited to one's immediate community called?

TRADE IMBALANCE

considered one of the negative effects of globalization?

ECOLOGICAL

global warming & greenhouse effect are phenomena associated w/ what type of globalization?

LIBERALIZATION

process of removing state-imposed restrictions on movements between countries in order to create an "open", "borderless" world economy is called _________

MORALITY

globalization represents an increasing integration of all the following, EXCEPT:

INTERSTATE SYSTEM

the internet facilitates globalization. how does it help economies?

EXPANSION

refers to both creation of new social networks & multiplication of existing connections that cut across traditional political, economic, cultural & geographic boundaries

UNIVERSALIZATION

globalization viewed as process of spreading various objects & experiences to all people around of the world is called _________

RIGHT TO VOTE

the following are features of economic globalization, EXCEPT:

ACCORDING TO ONE'S STANCE OR AGAINST GLOBALIZATION

on what basis did waks develop the 3
globalization theories?

BARRIERS TO TRADE & INVESTMENT

which of the following does NOT facilitate globalization?

STEGER

he said that globalization it is the expansion & intensification of social relations & consciousness across world-time & across world-space

INTRO OF GOODS & SERVICES

which one is not a feature of globalization?

INTERSTATE SYST

refers to a system for international relations & institutions that govern international relations

ENVIRONMENTAL DEGRADATION

which of the following is a disadvantage of globalization?

INTERNATIONAL RELATIONS

an academic discipline that focuses on the study of interaction of actors in international politics

INTERNATIONALISM

political principle which transcends nationalism & advocates a greater political or economic cooperation among nations & people

INTERSTATE RELATIONS

authoritative actions/understandings w/ governmental authorities of another state or its groups or citizens, either bilaterally or thru international organization

(state visit, military aid, treaties)

INTERSOCIETAL RELATIONS

within one state w/ groups or citizens of another state, or those relations within groups whose membership & organizations transcend states

(multinational corp, catholic church)

INTERPERSONAL RELATIONS

relations of or between citizens of different states acting in their personal interests (personal)

(tourist, migrants, foreign student)

GOVERNMENT

which in all states the coercive force monopolizing sphere of states

(national)

SOCIAL GROUPS

second sphere of power

(fam, church, instituion, corporation)

INDIVIDUAL

personal interests

REALISM

- focus on military force to gain power

- notion states work to increase their own power relative to other states

SELF-PRESERVATION

major theme of realism

LIBERALISM (idealism)

- decreased use of military force

- states share broad ties, thus making it difficult to define singular independent national interests

IMF
WORLD BANK

created in 1944 to help restore & sustain benefits of global integration, by promoting international economic cooperation

IMF (international monetary fund)

- aims to promote global economic growth & financial stability

- to encourage international trade, & to reduce poverty.

WTO (world trade organization)

international body whose purpose is to promote free trade by persuading countries to abolish import tariffs & other barriers

GLOBAL ECONOMY

economy of all humans of the world, considered as the international exchange of goods & services that is expressed in monetary units of account

ECONOMIC GLOBALIZATION

increasing interdependence of world economies as a result of growing scale of cross border trade of commodities & services

PROTECTIONISM

policy in of systematic government intervention in foreign trade

STRATIFICATION

division into social classes or layers

MODERNIZATION THEORY

needed assistance from western business & gov't to provide fuel for industrialization & to kick start process of economic growth

TRADITIONAL SOCIETY (rostow's)

pre-developing era & where investments are focused on agriculture, religion & military

TRANSITIONAL STAGE (rostow's)

country starts to make investments on technology & infrastructure which stimulates the increase in GDP

TAKEOFF (rostow's)

limited number of economic industries "takeoff" & produce a wide range of products

DRIVE TO MATURITY (rostow's)

few industries spread to wide varieties

HIGH MASS CONSUMPTION (rostow's)

economy shifts from production of heavy industry such as steel & energy to consumer goods like motor vehicles

HOSELITZ

education is most important as it should speed up intro of western values

INKELES

to diffuse ideas non-traditional such as family planning & democracy

THEORY OF DEPENDENCY

defines globalization in connection to capitalism & exploitation of labor & resources in exchange of products from west

THEORY OF WORLD

formulated by wallerstein emerged due to diff form of capitalism & due to struggle of 3rd world countries to alleviate their social conditions

TRADITIONAL VALUES

prevent economic growth & change

MODERN VALUES

inspire change & economic growth

ECONOMIC

intensification & stretching of economic interrelations around the globe

POLITICAL

intensification & expansion of political interrelations around the globe

MILITARY

subdomain of political globalization, is defined as intensification & stretching of military power across the globe

CULTURAL

intensification & expansion of cultural flows across the globe

ECOLOGICAL

include population growth, access to food, worldwide reduction in biodiversity

HYPERGLOBALIST APPROACH

theory which claims that the world has entered a 'truly global age' legalising dominance of 'global capitalism'

SCEPTICAL APPROACH

questions effectiveness of trading blocs & views issue thru historic perspective

TRANSFORMATIONAL APPROACH

represents intermediary, more balanced stance towards globalization

ARCHAIC GLOBALIZATION

- time of earliest civilizations

- describes relationships between communities & states & how they were created by geographical spread of ideas & social norms

MODERN GLOBALIZATION

allowed cheap production of household items using economies of scale

(advent)

CONTEMPORARY WORLD

ever-changing society & encompasses all aspects of global community like economics, politics, culture, technology, & even ecology

GLOBALIZATION

ongoing process that involves interconnected changes in economic, cultural, social, & political spheres of society

WESTERNIZATION

- social structures of modernity like capitalism, rationalism, industrialism, bureaucratism, individualism

- normally destroying earlier-existent cultures & local self-determination in process

FINANCIAL GLOBALIZATION

interconnection of world's financial systems

(stock markets)

SOCIOLOGICAL GLOBALIZATION

growing belief that we are all global citizens & should all be held to same standards & have same rights