The ability of the transnational corporations to outsource manufacturing jobs, especially in the global south, is cited as one of the hallmarks of economic globalization. Cheap labor, resources, and favorable production conditions enhanced the mobility and profitability of the TNCs.

a. Both statements are true

b. Both statements are false

c. Only the first statement is correct

d. Only the second statement is correct

The acceleration of globalization and the emerging influence of Asia are the two processes that are in tension with one another in the current world politics. Asia Pacific includes South Asian states.

a. Both statements are true

b. Both statements are false

c. Only the first statement is correct

d. Only the second statement is correct

Which is not true about the success of the East Asian economies in the 1980s and 1990s?

a. There were close ties between state and the business elites.

b. They benefitted from export-oriented economic policies.

c. They were highly reliant in foreign capital infusions.

d. They were able to adapt their economic policies in line with the increasing globalized economic system.

Which is true about the externalist view of globalization?

a. Asia Pacific and South Asia are being transformed by the globalization processes.

b. Asia Pacific and South Asia bring development to the rest of the world.

c. Asia Pacific and South Asia transforms globalization.

d. Asia Pacific and South Asia are the sources of resistance to Western powers.

Asian Monetary Fund is existing today. The International Monetary Fund is an example that illustrates Asia as an agent of globalization. *

a. Both statements are true

b. Both statements are false

c. Only the first statement is correct

d. Only the second statement is correct

Which of the following is not a factor that contributed to the rise of democratic regimes in Asia Pacific and South Asia according to Huntington?

a. Rising middle class

b. End of the World War II

c. More globally connected world

d. End of the Cold War