SAN JOSE COMMUNITY COLLEGE
San Jose Malilipot Albay
THE
CONTEMPORARY
WORLD
(GE3)
Midterm
MS. BERNADETTE C. PARAñAL
Instructor
Name of Student: CRISMARK P. BORNILLA
Yr./Course/Block: 1ST YEAR/BSBA/FM- BLOCK B
1
DIAGNOSTICS
Instructions: Write agree if you think the statement is correct;
otherwise, write disagree.
1. Agree Economic globalization includes borderless exchange of
goods and services.
2. Agree McDonalds is a transnational corporation.
3. Agree Global economy is influenced global politics.
4. Agree Unilever is a multinational corporation.
5. Agree Economic globalization can refer to the increasing
integration of economies around the world.
Assignment 2: Metacognitive Reading Report
Witkowska. J (2016). Integration process in the global economy .
Current state and prospects: The cases of the European Union,
ASEAN economic community, and NAFTA. Comprehensive Economic
Research, 1914).47-65.
1. The three (3) things that I significantly learned from the readings
are...
a) The integration process has a big impact in the economy in
terms of trading in different countries around the world.
b) I also learned that each level has different effects on the
global economy and also in global liberalization.
c) And lastly, I've learned that there are different levels in
economic integrations,
2. The three (3) things that are still unclear to me are...
2
a) Firstly. it is unclear to me that ASEAN has different selected
partner countries,
b) Second, why does the regional integration grouping
implements a higher level of economic integration.
c) Lastly, it is unclear to me that is the regional integration
grouping are making or putting their state at risk.
3. I used to think that.
I used to think that ASEAN and EU are just the same and has the
same level of economic integration.
4. The are three (3) questions that I want to ask about the readings
are...
a) What are the possible effects of economic integration to the
global economy?
b) Why does it looks like a competition between all of the
regional integration groupings?
c) What are the possible negative barriers in the internal and
external trade?