Chapter 1 Summative TEST Contemporary World PDF

Preview

Summary

SUMMATIVE TEST IN CONTEMPORARY WORLDName Date Course, Year & Section ScoreDIRECTION : Read the instruction intently. This test is divided into two parts. Part I is a Multiple Choice Type of Test, Part II is a two- item essay with five (5) points each. Answer the 30-item pre-test in forty (40) mi...

Description

SUMMATIVE TEST IN CONTEMPORARY WORLD Name Course, Year & Section

Date Score

DIRECTION: Read the instruction intently. This test is divided into two parts. Part I is a Multiple Choice Type of Test, Part II is a twoitem essay with five (5) points each. Answer the 30-item pre-test in forty (40) minutes. Part I: This is a multiple choice type of assessment. Read the question with comprehension. Write on the space before each number the letter that corresponds to your answer to the question in each item..

1

2 3

4

5

6 7

8

9

10

11

12

13

Globalization is a conglomerate of various multiple units located in the different parts of the globe which are linked by common ownership. What do underlined word mean? A. cooperation C. parent company B. organization D. congregation Historically, it marked the beginning of globalization. Which was it? A. Age of Exploration B. Medieval Period C. Dark Ages D. Renaissance As a process, Globalization is viewed as multidimensional set of social processes. What does it imply? A. There is social awareness of one’s nation and citizenship. B. There is worldwide social interdependence. C. There is stereotyping in societies. D. Differences are emphasized so discrimination is accepted. General Agreement on Tariffs and Trade (GATT) is an economic framework which created basically to address two issues during interwar period resulted to Great Depression and World War II. A. Inflation and Monetary System C. Banking and Finance B. Taxation and Land Reform D. Trade Protectionism and Exchange Controls Which among the ten economic policy prescriptions implemented by the Washington-based institutions dealt with neoliberal solution to have unregulated market? A. Fiscal Discipline B. Tax Reform C. Trade Liberalization D. Property Rights This institution serves as the primary organization for international cooperation, peace and security. A. Interstate B. World Bank C. Federal Government D. United Nations The issue of sovereignty and territory claimed and won by the Philippines against China over West Philippine Sea in 2016 was dealt in Hague, Netherlands is what UN’s principal organ? A. Security Council B. Trusteeship Council C. The Secretariat D. International Court of Justice The world has a social, political and economic divides; the north and the south divides. Which best characterizes the two? A. North is rich and south is poor C. North is richer and south is poorer. B. North is poor and south is rich D. North is as rich as the south. PESTEL analysis centers on understanding external factors in a macrocosmic perspective. What is the primary focus of globalization? A. environmental B. socio-political C. socio-economic D. legal The study of Contemporary World is very important to students to raise awareness on global issues and concerns they confront? What is meant by the underlined word? A. Past B. Present C. Future D. Past Perfect As Robertson (1993) defined globalization as a “compression of the world”. What does he mean by this? A. The improvement of economic interdependence will contribute the further “shrinking” of the world. B. The world will no longer have divides as South Divide takes over the world. C. The North divide will still rule over the south as boundaries become limitless and open to all countries. D. There will be shifts from North to South of the power in terms of politics, economy, education and technology. International Monetary Fund (IMF) named four basic aspects of globalization. Which of the following is not one? A. Trade and Transactions C. Capital and Investment Movements B. Migration of Knowledge D. Banking The trend of global economic integration is a significant milestone in globalization. Which does not demonstrate it? A. Brexit B. BRICS C. EU D. ASEAN...