Global Trends Final Exam – Addis Ababa University

C. regional integration that lead to multilateral cooperation on a global scale
D. the adoption of liberal principles about cooperation and interdependence
E. the opening of the local economies for international market
Glocalization
A. It is a process of integration to the world and differentiation to the given context area
B. It is a process eroding the sovereignty of non-Western countries
C. It is a process of threatening of non-Western age-old traditions
D. All
parallel developments and processes are:
A. Information technology and communication
B. Democratization and neoliberalism
C. Economy and security
D. Culture and trade
43. _____ is a concept which shared the responsibility of the global society for protecting vulnerable groups from human right violations and victimization
A. Imagined Citizenship
B. Global Citizenship
C. Welfare Citizenship
D. All
44. What are the active players between the forces of regionalism and globalization?
A. States
B. Non state actors
C. leaders
D. Supra national institution
E. legal regimes
45. The type of trade between two parties that involves the exchange of goods or services for another goods or services is:
A. Barter Trade
B. Free Trade
C. Monetary System
D. Credit System
B. There is denationalization and de-territorialization of economic activities
C. Globalization brings a new pattern of losers and winners in the international economy
D. All
E. All except B
47. The principle of political integration and political agency where political actors from varied settings shift their loyalties and political activities to the newly formed center is an explanation by a theory of regional integration called:
A. Neo-functionalism
B. Inter-governmentalism
C. Supra-nationalism
D. Functionalism
48. A theoretical perspective of regional integration that views regionalism as a response to common problems faced by states is known as:
A. Neo-functionalism
B. Inter-governmentalism
C. Supra-nationalism
D. Functionalism
49. Which one of the following is the positive impact globalization for Africa
A. Erosion of Sovereignty
B. Development of anti-developmentalism
C. Erosion of the national ethos of solidarity and reciprocity
D. Opening of African countries to intense external scrutiny
E. None
50. At the core of the _____ system of political economy is their central bank (Bundesbank)
A. USA
B. Japan
C. Germany
D. None
1. B. The federal government took the responsibility of the issue of unemployment and promoting economic equity and social welfare
2. B. Germany
3. D. The role of government should be restricted to correcting market failure and Provision of public goods
4. A. They are neutral in governing the global financial system
5. D. Regime legitimacy built on the extent to which the rights of the People are respected, not by development result
6. A. Japan
7. A. The nature of interaction among the three is identical regarding issues of security and economy
8. C. Use of protectionist policies, and greater control of state over the market
9. D. All
10. C. Developmental state capitalism
11. C. Hegemonic Stability Theory
12. D. Gain through Specialization (Comparative advantage)
13. B. greater representation of labor in the governance of corporate affairs
14. D. A & B
15. A. The State is sidestepped from meddling in the national economy
16. C. Cultural autonomy
17. C. Globalization reconstituting or reengineering the power and authority of national governments
18. D. All of the above
19. A. lnter-governmentalism perspective of regional integration
20. C. ECOWAS
21. D. Inter-governmentalism
22. D. It has served as knowledge transfer
23. D. Marxism
24. B. To re-build war torn Europe
25. B. International Monetary Fund
26. D. A process of time-space compression
27. C. It exists only when there is absolutely no intervention by governments
28. B. The primary purpose of economic activity is to benefit consumers while maximizing wealth creation
29. D. Transnational thinking and loyalty that perceives one’s loyalty should be to supranational institutions
30. A. Credit system
31. C. Integration of states in some sectors provokes them in other sectors too
32. B. adoption of mercantilist and protectionist trade policies that help regions
33. D. Europe
34. B. It has a limited national borders and defined by nationalism and patriotism
35. D. It is a process of building an empire
36. B. Its roots in the devastating experience of inter-war nationalism
37. D. It has controlled by super powers
38. A. It is a process of integration to the world and differentiation to the given context area
39. D. both convergence and divergence
40. D. States’ role and influence has been totally replaced by non-state actors as agents of globalization
41. E. All Except C
42. C. Economy and security
43. B. Global Citizenship
44. B. Non state actors
45. A. Barter Trade
46. E. All except B
47. C. Supra-nationalism
48. A. Neo-functionalism
49. D. Opening of African countries to intense external scrutiny
50. C. Germany