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QUIZ IN GE3- THE CONTEMPORARY WORLD 16.

The bank that works to foster global


monetary cooperation, secure financial
NAME: ___________________________
stability, facilitate international trade.
1. The expansion and intensification of 17. Enumerate the two regional banks that
social relations and consciousness were established on the goal of
across world time and space implies fostering sustainable development in
that there are various forms of their respective member countries.
connectivity. 18.
2. Enumerate the four Dimensions of 19. True or False. Global market integration
Economy in the 20th century happened because of
3. advancement in communication and
4. technology.
5. 20. True or False. Global market integration
6. Enumerate the two Actors/Agents of did not happen overnight. It was the
Globalization result of the establishment of a global
7. economy that involved the
8. Give two positive effects of homogenization of trade and
globalization. commerce.
9. 21. True or False. After the First World War,
10. Give two negative effects of almost all countries around the world
globalization. faced the great challenge of bringing
11. their feet back on the ground.
12. When was United Nations established? 22. Primarily, United Nations’ was tasked to
13. Two types of international financial promote international cooperation and
institutions to provide loans to developing
14. countries.
15. The bank that aims is to end extreme 23. Give the name of the president of the
poverty and promote shared prosperity United States of America
in a sustainable way 24. Give at least two programs in the
Philippines funded by World Bank.
25.

PART II. 15 POINTS. Write an essay expounding the topic “Poverty is the root of all evil.”

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