GE 5 CATCH UP LONG QUIZ

A local clothing brand in Davao expands its market through online platforms and reaches buyers in the U.S. Which aspect of globalization does this scenario best illustrate?

• Political integration

• Economic interconnection

• Cultural homogenization

• Regionalism

A Filipino student uses TikTok trends from the U.S. while still speaking in her native dialect. This reflects:

• Cultural preservation

• Glocalization

• Cultural imperialism

• Political globalization

If the Philippines imposes high tariffs on imported rice, what will most likely happen to domestic rice prices?

• They will decrease significantly
  

• They will increase due to reduced competition

• They will remain stable

• They will match global market prices

A multinational corporation transfers its factories to developing countries where labor is cheaper. This situation demonstrates:

• Cultural globalization

• Economic exploitation

• Fair trade practice

• Technological stagnation

A government restricts internet access to foreign websites to “protect” its citizens. This action directly opposes which globalization driver?

• Political integration

• Technological advancement

• Economic liberalization

• Free trade

A country experiences both high unemployment and rising prices at the same time. According to economic theories, this is an example of:

• Inflation

• Deflation

• Stagflation

• Depression

During the pandemic, nations realized their dependence on imported medical supplies. This situation revealed what vulnerability of globalization?

• Overreliance on global supply chains

• Decline of national sovereignty

• Cultural dependency

• Rise of isolationism

A Filipino firm adapts to foreign competition by improving its products and lowering prices. What globalization effect is being applied here?

• Protectionism

• Comparative advantage

• Tariff implementation

• Market monopoly

ASEAN encourages free flow of goods among member nations. This type of integration is considered:

• Regional market integration

• Cultural imperialism

• Political globalization

• Global governance

If a developing country accepts loans from the IMF but is required to privatize its water system, this is an example of:

• Protectionism

• Neoliberal policy application

• Keynesian approach

• Cultural assimilation