GLOBAL DIVIDES 2

True

G8 stands for The Group of Eight Industrialized Nations

False

The International Bank for Reconstruction and Development (IBRD) is popularly known as the International Monetary Fund

True

One of the main reasons of the Spaniards in colonizing countries is to spread Christianity

True

In the dependency theory, the theorists of this school maintain that the economies of ex-colonial states remain oriented towards serving external rather than internal demand

True

In Marxism, it highlights the structures of economic power rather than patterns of conflict and cooperation

True

Liberalists assume that through trade economic interdependence, division, and war are less likely to happen

False

Colonization happened only in the Latin American countries

True

 The term “Third World” was replaced by the term “Global South” after the Cold War and the fall of Soviet Union

False

There are 6 original members of ASEAN.

True

Globalization and Regionalization are both concerned with INTEGRATION

True

Globalization is borderless as compared with regionalization.

True

ASEAN decides based on consensus or general agreement among the member nations.

False

APEC stands for Asia Pacific Economic Cooperation

True

Regionalization happens in a specific geographical portion of the world.

True

Global South and Third World are simply the same used in different time