FINALS REVIEW

Which of the following IS NOT a definition of globalization?

• Globalization refers to the expansion and intensification of social relations

  and consciousness across world-time and world-space.

• Globalization refers to all processes by which the peoples of the world

  are incorporated into a single world society.

• Globalization refers to the representation of the triumph of a capitalist

  world economy tied together by a global division of labor.

• Globalization refers to the privatization of corporations and firms to serve

  the interest of the international market as well as the goal of

  interdependence.

Which of the following statements DOES NOT belong under the political facet of

globalization?

• Global interconnectedness has become relevant for developing markets.

• Governmental action takes place on a global level instead of a national

  level.

• Nations are trending toward more international collaboration.

• Numerous companies have become transnational such as Walmart,

  Coca-Cola, McDonald's, etc.

Which of the following statements DOES NOT belong under the technological

facet of globalization?

• Google has acquired YouTube to expand their reach of readily available apps,

  along with Google for Education and Google Suite.

• Jollibee has recently acquired robot assistants to deliver prepared food from

  the counter to the seats where the customers are waiting.

• Twitter has been bought by Elon Musk for 42 billion USD.

• The Senate of the Philippines has planned to regulate the spread of

  disinformation on Facebook.

What is fair trade?

• It refers to the concern for the socio-economic and environmental well- being of

  marginalized small producers.

• It refers to the concern for the socio-political and ecological well-being of the

  agricultural resources for the stability of the supply chain.

• It refers to the concern for the socio-cultural and sectoral well-being of

  the marginalized groups in society.

• It refers to the concern for the socio-technological and natural well-being

  of balancing forces between sectors, resources, and institutions.

McDonald’s Philippines introduced the breakfast meal Eggdesal on its menu a few

years ago. This is an example of:

• Cultural differentialism

• Cultural convergence

• Cultural hybridization

• Cultural localization

What institution is designed to help the economic stability of those in the global

south?

• United Nations

• World Bank

• World Health Organization

• NATO

The objective of this organization is to ensure that trade runs as smoothly,

predictably, and freely as possible.

• European Union

• World Trade Organization

• International Criminal Court

• Association of Southeast Asian Nations

What do you call a group of people who share a common culture and identity as a

cohesive group?

• nation state

• Nation

• Country

• lawless nation

Global cities are culturally diverse.

• True

• False

UN is bound to help any member-state in need.

• True

• False