TCW PRELIMS

Created by

Frederick Panado

Cards (38)

Globalization is a process as it denotes movement
of meaning and situation that varies from one period
to another period.
2. Scholte provided a more conducive presentation of
globalization by exploring into the commonly
understood meaning of globalization as either a
process, condition and ideology.
→ ANSWER: FIRST STATEMENT IS TRU
This theorist believe that globalization refers to both
the tightening of the world and the raising of global
consciousness.
→ ANSWER: ROBERTSON
This is another variant of the periodization that says
globalization emerged with the formation of global
value chains and accelerated communication. What
is the periodization referred to?
→ ANSWER: NEOLIBERAL GLOBALIZATION
He defined globalization as the intensification of
worldwide social relations which link distant localities
in a such a way that local happenings are shaped by
events occurring many miles away and vice versa.
→ ANSWER: GIDDENS
Which core claims of globalization does the statement
pertains to that in terms of globalization, markets
prevail over governments?
→ ANSWER: GLOBALIZATION IS ABOUT THE
LIBERALIZATION AND GLOBAL
INTEGRATION OF MARKETS
Which core claims that can be described by this
statement that globalization through free trade and
free market will bring wealth and prosperity to
everyone?
→ ANSWER: GLOBALIZATION BENEFITS
EVERYONE
Globalization as a condition is also referred by
scholars as _______.
→ ANSWER: GLOBALIT
The integration of markets also leads to removal of
national government as part of the activity of
Globalization.
2. Globalization marks the increasing irrelevance of
the nation-state.
→ ANSWER: FIRST STATEMENT IS FALSE AND
SECOND STATEMENT IS TRUE
The integration of markets also leads to removal of
national government as part of the activity of
Globalization.
2. Globalization marks the increasing irrelevance of
the nation-state.
→ ANSWER: FIRST STATEMENT IS FALSE AND
SECOND STATEMENT IS TRUE
As globalization is a process, so as a phenomenon
itself, it has its own origin when it was known and
discovered.
2. However, the origin of globalization may be
presented in different timeline based on different
disciplines.
→ ANSWER: BOTH STATEMENTS ARE TRUE
According to this discipline, Globalization emerged
during 1500s.
→ ANSWER: POLITICAL ECONOMY
According to these theorists, globalization is
synonymous to permanent global trade, which began
when all the major regions in the worlds “exchange
products continuously…”
→ ANSWER: FLYNN AND GIRALDEZ (bonus)
According to this discipline, globalization emerged in
1980 when IMF and World bank became an important
agents to solve debt crisis.
→ ANSWER: DEVELOPMENT STUDIES
According to Marx, the conquest of the world
market marks the birth of modern capitalism which
happened somewhere in 1800s.
2. One issue raised about that Globalization emerged
in the 1800s was that it is very Americanism.
→ ANSWER: BOTH STATEMENTS ARE FALSE
According to this discipline, globalization emerged
during the rise of global problems and global ethics.
→ ANSWER: PHILOSOPHY
According to biology, globalization has been there
around us as our ecosystem are already integrated
and therefore, we are already interconnected.
2. Cultural studies holds that globalization emerged
during 1800 when industrialism was on its peak.
→ ANSWER: FIRST STATEMENT IS TRUE AND
SECOND STATEMENT IS FALSE
By this year, the amount of Foreign Direct
Investments flowing across the world is US$ 1.76
Trillion 1000 billion higher than 1982.
→ ANSWER: 2015
These are currencies that are not backed by precious
metals and whose value is determined by their cost
effective relative to other currencies.
→ ANSWER: FLOATING CURRENCY
This is the system that was inaugurated in 1944.
→ ANSWER: BRETTON WOODS SYSTEM
This is the financial institution created for funding
postwar reconstruction project.
→ ANSWER: WOLRD BANK
He was an economist who believed that economic
crises occur not when a country does not have
enough money, but when money is not being spent.
→ ANSWER: JOHN MAYNARD KEYNES
This financial institution was to be the global lending
of last resort to prevent individual countries from
spiraling into credit crisis.
→ ANSWER: IMF (INTERNATIONAL MONETARY FUND)
This was created in 1947 which purpose was to
reduce tariffs and other hindrances to free trade.
→ ANSWER: GATT
This was the worst economic downturn in the history
of the industrialized world lasting from 1920s to 1930s
(1929-1939)
→ ANSWER: GREAT DEPRESSION
The value of ____ is derived from the relationship
between supply and demand and the stability of the
issuing government rather than the worth of
commodity.
→ ANSWER: FIAT MONEY\
This was the year that the open trade system
emerged.
→ ANSWER: 1867
The following are the four key attributes of world
Politics EXCEPT ONE:
→ ANSWER: THERE ARE COUNTRIES THAT
DICTATES POOR COUNTRIES
The following are the attributes of what a state is,
EXCPET ONE:
→ ANSWER: IT IS AN IMAGINED COMMUNITY
The leadership of this person temporarily halted the
Westphalian system
→ ANSWER: NAPOLEON BONAPARTE
The leadership of this person temporarily halted the
Westphalian system
→ ANSWER: NAPOLEON BONAPARTE
This is a union of European socialist and labor parties
established in Paris in 1889.
→ ANSWER: SOCIALIST INTERNATIONAL
He was the architect of the Concert of Europe
→ ANSWER: KLEMENS VON METTERNICH
This person became the leader of revolutionary
government during the Russian Revolutionary of
1917.
→ ANSWER: VLADIMIR LENIN
This person forwarded the principle of selfdetermination.
→ ANSWER: WOODROW WILSON
He dissolved the Comintern in 1943
→ ANSWER: JOSEPH STALIN
He believed that in a socialist revolution seeking to
overthrow the state and alter the economy, the
proletariat had a no nation.
→ ANSWER: FRIEDRICH ENGELS
This person was the most notable advocate for the
creation of League of Nations.
→ ANSWER: WOODROW WILSON
Genetics ● Branch of biology that deals with heredity and variation of organisms.