Midterm Examination - THE CONTEMPORARY WORLD

Describes how the proces of world and individual connection works.

• A. Expansion and trading

• B. Creation and multiplication

• C. Consciousness and awareness

• D. Intensification and acceleration

The political direction and control exercise over the actions of the citizens and state.

• A. Elite

• B. Nation

• C. Government

• D. Activist group

Governments use the organization to establish, revise, and enforce the rules that govern international trade.

• A. World Trade Organization

• B. World Business Organization

• C. World Economic Organization

• D. World Economic Zone Organization

The Bretton Interwoods agreement is the landmark system for monetary and exchange rate management.

• A. True

• B. False

He refers globalization as a complex web of social processes that intensify and expand worldwide economic, cultural, political, and technological exchanges and connections.

• A. Dr. Cairo

• B. Mar Roxas

• C. Justine Rosenberg

• D. Samuel Huntington

Promotes international financial stability and monetary cooperation

• A. World bank

• B. Bank of America

• C. International Monetary Fund

• D. General Agreement on Tariffs and Trade

A group of one or more parents and their children living together as a unit.

• A. Family

• B. Church

• C. Religion

• D. Economy

A collection of computers, servers, mainframes, network devices, peripherals, or other devices connected to allow data sharing.

• A. Wifi

• B. Signals

• C. Network

• D. Communication

A multidimensional set of social processes that create, multiply, stretch, and intensify worldwide social interdependence and exchanges while at the same time fostering in people a growing awareness of deepening connections between the local and the distant.

• A. Capitalization

• B. Globalization

• C. Westernization

• D. Internationalization

He refers globalization as a phenomenon that gave rise to the interconnectedness of human society that replaced the sovereign state system with a multilateral system of global governance.

• A. Dr. Cairo

• B. Justine Rosenberg

• C. Thomas Friedman

• D. Samuel Huntington