Beruflich Dokumente
Kultur Dokumente
GEHI 121
School Year: 2019-2020
Second Semester
Instructor: Fe T. Canoy
Mid-Term Contemporary World
Part I. IDENTIFICATION: Identify the theory of globalization that is referred in the statement. The use of
correction tape, correction fluid, and correction pen is prohibited.
Part II. MODIFIED TRUE OR FALSE: Read the statement carefully, and identify whether it is true or false.
Write the word TRU if the statement is true. If the statement is false, write the correct word/s in the space
provided before the number in replace of the underlined word/s in order to make the statement true. The use
of correction tape, correction fluid, and correction pen is prohibited.
__________________ 1. Lebiralism sees connectivity to globalization based on the drives that human beings
have on maximizing the use of materials and also in attaining freedom.
__________________ 2. Possitive Realiams describes how power influences globalization.
__________________ 3. Galleon Trade was an ancient network of trade routes, formally established during
the Han Dynasty of China, which linked the regions of the ancient world in commerce
between 130 BCE-1453 CE.
__________________ 4. The globalization was a commitment by participating countries to fix the prices of
their domestic currencies in terms of a specified amount of gold.
__________________ 5. Trading was not considered global because it had no ocean routes that could reach
the American continents.
__________________ 6. The Mickey Mouse Money is a monetary system where a country's currency or paper
money has a value directly linked to gold.
__________________ 7. The 3M was an international standard determining the value of a country’s currency
in terms of other countries’ currencies.
__________________ 8. Jhon Meynard Kaynes believed that economic crises occur when money is not moving.
__________________ 9. The active role of governments in managing spending served as an anchor for what
would be called a system of global Keynesianism.
__________________ 10. World Bank aims to save succeeding generations from the scourge of war.
__________________ 11. Other important objectives of World Bank include developing friendly relations among
countries based on respect for the principles of equal rights and self-determination of
peoples.
__________________ 12. China, France, Russian Federation, the United Kingdom, and Philippines are the five
permanent members of United Nation.
__________________ 13. Interstate System refers to the idea that cooperation between different countries is
beneficial for everyone.
__________________ 14. Globalizetion encompasses a multitude of processes that involves the economy,
political systems, and culture.
__________________ 15. World Bank is an international organization dedicated to providing financing, advice,
and research to developing nations to aid their economic advancement.
Part III. COMPARING AND CONTRASTING: Using a Venn diagram, compare the following ideas. You will be
rated using the following: 5pts – content; and 5pts – organization of ideas.
Part IV. MULTIPLE CHOICE: Identify which of the following is referred by the statement. Encircle the letter
that corresponds to the best answer. Erasure in any form is not allowed.