Northern Christian College: The Institution For Better Life

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NORTHERN CHRISTIAN COLLEGE

The Institution for Better Life


Laoag City

PRELIMINARY EXAMINATION
GEC7 (The Contemporary World)
1st Semester, S.Y. 2019-2020

Name:_____________________________________________________Score:______________

I. Multiple Choice. Analyze the following statements carefully. Select the best answer from
the given choices. Encircle the letter of the best answer.

1. OPEC consist of the following country except:


A. Iran and Iraq C. Saudi Arabia
B. Kuwait D. Yugoslavia
2. Economic crisis compels countries together. An example of this is,
A. When Thailand’s economy collapsed, ASEAN countries agreed to establish an
emergency fund to anticipate the crisis.
B. When foreign currency speculators demanded the Asian government payback its loan
C. IMF reversed the crisis
D. When Vietnam invaded Cambodia
3. An example of large country which has a lot of resources to dictate how it participates in
processes of global integration.
A. China B. Singapore C. Japan D. USA
4. Which of the following countries take advantages of its strategic location as a response to
economic and political globalization?
A. China B. Japan C. Singapore D. USA
5. Globalization is spatial because it occurs in physical places. Which of the following does not
support the statement?
A. Foreign investments and capital move through cities
B. People start purchasing high rise condominium
C. More poor people are driven out of city centers
D. Cities act on globalization and globalization acts on cities
6. Which of the following plays a critical role in the global economic supply chain?
A. Shaghai B. Seoul C. Tokyo D. Okinawa
7. It characterized by increasing integration of economics around the world
A. Economic Globalization C. Political Globalization
B. Cultural Globalization D. Critical Globalization
8. It is responsible for funding postwar reconstruction projects
A. World Bank B. IMF C. WTO D. GATT
9. Inaugurated in 1944 to prevent catastrophes of the early decades, from 1930’s to 1950’s.
A. Bretton Woods C. Washington Consensus
B. Neoliberalism D. OECD
10. This global reader of last resort to prevent individual countries from spiralling into credit
crises
A. IMF B. World Bank C. GATT D. WTO
11. Founded in 1995 to continue the tariff education
A. WTO B. GATT C. IMF D. WB
12. IMF regards (…) as a historical process representing results of human innovation and
technological process.
A. Economic Globalization C. Industrial Globalization
B. Cultural Globalization D. Political Globalization
13. This dominated global economic policies from 1980’s until the early 2000s
A. Washington Consensus C. Neoliberalism
B. Bretton Woods D. GATT
14. When economics slow down, this strategy will reinvigorate markets with infusions of
capital.
A. Neoliberalism C. Keynesianism
B. Bretton Woods D. Washington Consensus
15. Exchange rate system was all based on the value of gold, but it was replaced by a currency
which is determined by their relative to other country
A. Dollar currency C. Flat currency
B. Silver D. Philippine Peso
16. A treaty signed 1648 to end 30 years war of major continent of Europe
A. Westphalia B. Paris C. Versailles D. Germany
17. Napoleon has three principles, that influences every country he conquered. These are:
A. Liberty, Equality, Fraternity
B. Power, Wealth, Fun
C. Dream, Believe, Survive
D. Love, Peace, Forever
18. This is the manufacturing center of the World.
A. Shanghai B.China C. Singapore D. Japan
19. Without a form of World Government, international system would be chaotic.
A. Immanuel Kant C. Giuseppe Mazzini
B. Karl Marx D. Joseph Lamborgini
20. Was defeated in the battle of waterloo 1815
A. Bonaparte C. Marx
B. Mazzini D. Engels
21. Any true form of internationalism should deliberately reject nationalism.
A. Karl Marx C. Paul Earl
B. Peter Berger D. Immanuel Kant
22. Reduce tariffs and other hindrances to free trade.
A. GATT B. IMG C. WTO D. WB
23. A wealthy person who uses money to invest in trade and industry for profit in accordance
with the principles of capitalism.
A. Businessman B. Politician C. Capitalist D. Consumers
24. Economic crises occur when money is not being spend and therefore, not moving. Who said
this?
A. John Maynard Keynes C. Karl Marx
B. Immanuel Kant D. Peter Berger
25. Also called Metternich system (named after systems main architect).
A. Concert of Europe C. Cultural Imperialism
B. Bretton Woods D. Napoleon Code
26. According the most powerful active organs of UN is the ____________.
A. General Assembly C. Secretariat
B. Security Council D. ECOSOC
27. What form of government wherein the system is ruled by few people?
A. Monarchy & Aristocracy C. Aristocracy & Oligarchy
B. Parliamentary & Oligarchy D. Monarchy & Parliamentary
28. Of the following are the liberal internationalist thinker except?
A. Immanuel Kant C. Woodrow Wilson
B. Jeremy Bentham D. Vladimir Lennin
29. It is our last resort for financial assistance. What bank is this?
A. Central Bank C. World Bank
B. International Monetary Fund D. five-six Bombay bank
30. What treaty that result the 30 years of war between the continental powers in Europe?
A. Treaty of Tordesillas C. Treaty of Westphalia
B. Treaty of Paris D. Treaty of Europe

II. Modified True or False. Analyze the following statements and determine whether these are
true or not. Write SWAK if the statement is correct but if it is false write BOO. Write your
answers on the space provided.
_______1. There 4 elements of a state the citizen, territory, culture and sovereignty.
_______2. Internationalization is equal to globalization.
_______3. International economic integration is a central tenet of globalization
_______4. The WB, IMF, UNCLOS, ILO, FAO, ILU are examples of IO’s
_______5. Karl Marx wants to unite all bourgeoisie class in all parts of the Europe.
_______6. The GA is UN’s main “main deliberative policy making and representative organ.
_______7. According to Mazzini, free, independent states would be the basis of an equally
free, cooperative international system.
_______8. Marx and his co-author, Fridrich Engels, believed in a socialist revolution seeking
to overthrow the state and alter the economy.
_______9. Socialist Internationalist is the reason why we have 13 month pay today.
_______10. After WWII, League of Nations are created because of countries are afraid to
another global war.
III. Give the meanings of the following acronyms.
1. GATT -
2. OPEC -
3. OECD -
4. IMF -
5. UNCLOS -
6. UNHCR -
7. WTO -
8. NATO -
9. UNCTAD -
10. NAFTA -

IV. Enumeration
1-5. Give the 5 active organs of United Nation?

6-8. Give the 3 powers of IO’s according to Barnett and Finnemore.

9-10. Give at least 2 challenges of UN in 21st century.

V. Essay
1. What can you say about the new law of the Philippines the RA 11203 or the rice
tarrification law? What is the significance of this law to the globalization?
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The End!!!
God Bless!!!

Prepared by: Noted by:

Sandrex A. Agbayani Prof. Joyce C. Castillo I


Instructor Dean, CASSW

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