THE CONTEMPORARY WORLD (GE-CW) Midterm Examination Name: Catherine P. Taganile Year & Section: BSED 1A Date: April 7, 2021 Professor: Janvielle Rosal Directions: Read carefully the following questions. Answer each item truthfully and concisely. Answers can either be encoded or handwritten. 1-10. Based on your readings, is globalization a process, a condition, or an ideology? Explain your choice. In my understanding globalization and reading about it, for me globalization is an ideology which is composed of beliefs, claims, rules, norms and concept about it wherein they discussed about how can a certain idea help each nations connected with one another to have a successful global interconnectedness. Globalization ideology is held by many powerful individuals, who claim it transmits democracy and benefits everyone. However, it also can caused inequality and sometimes for political and self contentment. 11-15. Of the eight theories of globalization, which do you think is most credible? Why? In my opinion the most credible theory of globalization is the liberalism, it is because this theory focuses on the infrastructure to which it can improve or support globalization. In addition it also talks about Human motivations to optimize material well-being and practice fundamental freedoms drive trans planetary communication. These forces inevitably bind humanity all over the world. 16-25. Why do you think the Philippines import rice from other countries though rice can be produced in our country? As we all know rice plays a vital role in our lives it serves as the most essential food that we should eat in order to stay healthy and alive and our country Philippine is capable of producing this product but the big question is why we need to import rice from other country? The main reason why Philippines was importing rice from other countries it is because even though we are capable of producing rice but it wasn’t enough to feed the whole population and the lack of facilities that can ensure the rice safety during calamities plus Philippines has a low budget. All in all though Philippines can produce their own rice but the lack of facilities and fund is the main causes that lead this country to import from other countries. 26-35. What type of market integration is advantageous for small and medium enterprises? Why? Horizontal integration is a competitive strategy that can create economies of scale, increase market power over distributors and suppliers, increase product differentiation and help businesses expand their market or enter new markets. By merging two businesses, they may be able to produce more revenue than they would have been able to do independently. 36-40. Is globalism the same with internationalism? Support your answer. Although the two terms may appear to be similar, yet there exists conceptual difference between the two. Globalism is much wider term in terms of its meaning, scope and outcome. While Internationalism lays stress only on the solidarity and cooperation among the Nations, while acknowledging their Sovereign Character, Globalism on the other hand not only emphasizes the dilution of the Sovereign Expression of the Nations but demonstrates the conflicts arising out of this dilution as well. This however does not mean that Globalism is a negative concept, because surrender of national sovereignty (to some extent) is aimed to moderate the barriers to international exchanges. 41-50. In the absence of a global government, who is most likely to settle disputes between and among states? Explain. In the absence of the global government which is very needed to settle disputes between states the closest people of organization that most like to take the role will be the people with higher position between countries and talk about the conflicts in a well mannered way in which it can help prevent or stop chaos among nations in that way the issue will not get bigger. In my opinion higher rank people or diplomatic people are good in negotiating among countries in a way that they are well educated and already know a lot of things about different nations and can understand there way of living.