2023-FINAL EXAMINATION-GNED 07: THE CONTEMPORARY WORLD

The phenomenon of Globalization allows everyone to receive even effects.

• True

• False

Globalization across borders makes people, goods, and services to move easily from nation to nation.

• True

• False

Foreign investors are attracted to economically invest in States with less import tariffs, import bans, and import quotas.

• True

• False

According to Economics, there are unlimited production resources and limited human wants and needs.

• True

• False

In the contemporary world, economic, political, ecological, and societal issues are limited at the local level.

• True

• False

Internal sovereignty is synonymous with the “independence” of a State.

• True

• False

The Republic of the Philippines is a State.

• True

• False

Under the Concept of State, territory in international law is the formal recognition of most States in the International Community.

• True

• False

State is an ethnical concept while Nation is a political concept.

• True

• False

The Arab nation is a great example of a State.

• True

• False