SEMI FINAL REVIEW

“Push and pull” factors are things that drive people to engage in migration. Which of the following is an example PULL factor?

• Canada offers a free health care system to immigrants.

• The Japanese government mandates free lunch for school children.

• The Vietnam war led the Vietnamese to be displaced.

• Manuel L. Quezon promulgated an anti-Holocaust policy.

It is concerned with the socio-economic and environmental welfare of less empowered producers.   

• Fair Trade Association                                   

• Fair Trade Incorporation

• Fair Trade Liberalization                               

• Fair Trade Organization

NAFTA involves three countries. Which are they?

• US, China, and UK

• Canada, Mexico, and US

• Japan, US, and Germany

• Mexico, Brazil, and Cuba

Sustainable development is an interconnected concept. It includes which of the following aspects?

• social, economic, and technological

• environmental, technological, and monetary

• financial, educational, and military

• economic, environmental, and social

NATO decided to cut ties with Russia in sourcing their oil and gas. What does this illustrate?

• tarrification move

• complete embargo

• economic sanction

• financial limitations

The World Bank plays a key role in the global governance system. What is it an example of?

• transnational economic agency

• intracontinental loan collector

• government financial distributor

• international financial institution

Which of the following IFIs is the Philippines a member of?

• AfDB

• .    IDB

• ADB

• B2B

Which of the following BEST demonstrates a global corporation?

• A Philippine company operates in ten countries in Asia and Europe.

• An African business hires people of multi-ethnic backgrounds and languages.

• A Swedish company transacts with Italian and Turkish clients in Sweden.

• Small businesses in New Zealand branch out in other parts of the country.

McDonalds used to serve only spaghetti to Filipino customers. Recently, they started to offer

rice. This illustrates which of the following?

•  flexibility

• adaptation

• localization

• globalization

Multilateral Development Banks help member countries by providing ________________.

• technical assistance

• technological education

• grant financing

• economic degree