GE 3 Midterm Quiz

The concept of ___________ encourages people to “think globally, act locally.”

• Globalization

• Globality

• Globalism

• Glocalization

According to Manfred Steger, globalization is best understood as a ___________, characterized by interconnectedness and shared cultural, economic, and political attributes.

The _____-Philippines Economic Partnership Agreement (JPEPA) is an example of a bilateral free trade agreement.

A regional trade agreement that replaced NAFTA in 2020, involving the U.S., Mexico, and Canada.

• JPEPA

• PEPA

• USMCA

• USCMA

The economic approach that reduces trade barriers to make international trade easier.

• Trade Liberalization

• Juche

• Protectionism

• Outsourcing

An international financial institution that lends to countries facing balance-of-payment crises.

• World Bank

• World Trade Organization

• International Monetary Fund

• International Money Fund

The __________ Revolution in the 18th and 19th centuries accelerated market integration through mechanization, railroads, and steamships.

The ________ Protocol of 1987 aimed to phase out substances responsible for ozone depletion.

An international organization founded in 1945 to promote peace, security, and cooperation among nations.

• United Nation

• United Nations

• Unified Nation

• Unified Nations

One of the main purposes of the UN is to maintain worldwide _____ and security.