Globalization and Economic Challenges

The United Nations fails to respond quickly to a growing refugee crisis due to disagreements among its members. This highlights which challenge?

• Trade liberalization

• Cybersecurity threats

• Climate diplomacy

• Bureaucratic inefficiency

A country strengthens its internet regulations to prevent cyber-attacks but refuses to cooperate with international cybersecurity agreements. This reflects which challenge?

• Public health concerns

• Cyber and technological challenges

• Environmental diplomacy

• Economic stability

A coalition of nations works together to provide food, shelter, and medical aid to an area struck by a natural disaster. This demonstrates which benefit of global governance?

• Trade restrictions

• Economic inequality

• Disaster response and humanitarian aid

• National sovereignty

A small nation within a regional bloc depends heavily on a dominant regional power for trade and security. This situation demonstrates:

• Dependence on regional powers

• Political independence

• Military aggression

• Globalization

China’s Belt and Road Initiative (BRI) strengthens its influence in Asia, Africa, and Europe through infrastructure projects. This demonstrates:

• Regional expansionism

• Military conflict

• Economic fragmentation

• Isolationism

Which country is known for being a major hub of global manufacturing?

• Canada

• Brazil

• Argentina

• China

Which of the following is an environmental impact of globalization?

• Increase in carbon emissions from trade and travel

• Decrease in industrial pollution

• Complete elimination of fossil fuels

• More isolated economies

How does the ASEAN Economic Community (AEC) relate to market integration?

• It discourages trade within Southeast Asia.

• It aims to create a single market and production base.

• It prioritizes national self-sufficiency over regional trade.

• It imposes strict quotas on imports.

A Filipino company wants to expand its market reach. Which of the following best describes how market integration can help?

• It restricts foreign investment.

• It increases tariffs on imported goods.

• It opens access to larger regional and global markets.

• It limits competition to domestic firms.

Which of the following is a potential benefit of market integration for Filipino consumers?

• Higher prices due to reduced competition.

• Increased dependence on domestic production.

• Limited choice of goods and services.

• Access to a wider variety of products at potentially lower prices.