Question 1

Which nation is the world's third largest exporter?

Accepted Answer

A) United States 
B) China 
C) Netherlands 
D) Germany 
E) Japan 
A) United States 
B) China 
C) Netherlands 
D) Germany 
E) Japan

Question 2

The Doha Round paved the way for China and Singapore to get full membership in the WTO.

Accepted Answer

A) True 
 B)False

Question 3

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Accepted Answer

A) first 
B) second 
C) third 
D) fourth 
E) fifth 
A) first 
B) second 
C) third 
D) fourth 
E) fifth

Question 4

Why was the December, 1999, WTO meeting in Seattle postponed?

Accepted Answer

A) Weather 
B) Transportation strike 
C) High crime 
D) Protests 
E) Death of a major world leader 
A) Weather 
B) Transportation strike 
C) High crime 
D) Protests 
E) Death of a major world leader

Question 5

The Global economy is becoming more ____________________.

Accepted Answer

A) regional. 
B) local. 
C) isolated. 
D) transnational. 
E) intertwined. 
A) regional. 
B) local. 
C) isolated. 
D) transnational. 
E) intertwined.

Question 6

The World Economic Forum's Global Competitiveness Report placed one of four Asian Tigers (Singapore) among the world's top _________ economies (along with the Finland, United States, Sweden, Denmark, Iceland, Switzerland, Norway, and Australia).

Accepted Answer

A) five 
B) ten 
C) twenty 
D) twenty-five 
E) thirty 
A) five 
B) ten 
C) twenty 
D) twenty-five 
E) thirty

Question 7

None of the top five importing countries in 2017 were Asian.

Accepted Answer

A) True 
 B)False

Question 8

Which nation is the world's largest exporter?

Accepted Answer

A) United States 
B) China 
C) Netherlands 
D) Germany 
E) Japan 
A) United States 
B) China 
C) Netherlands 
D) Germany 
E) Japan

Question 9

In the past 20 years, China's average growth rate in GDP has been over:

Accepted Answer

A) 2.0 percent 
B) 4.5 percent 
C) 6.0 percent 
D) 8.3 percent 
E) 9.5 percent 
A) 2.0 percent 
B) 4.5 percent 
C) 6.0 percent 
D) 8.3 percent 
E) 9.5 percent

Question 10

When firms invest in manufacturing and distribution facilities outside their home countries to expand into new markets around the world, they have added operational capacity to the stock of _________________________________.

Accepted Answer

A) global direct investment 
B) regional direct investment 
C) local direct investment 
D) foreign direct investment 
E) none of the above 
A) global direct investment 
B) regional direct investment 
C) local direct investment 
D) foreign direct investment 
E) none of the above

Question 11

Perhaps the most important accomplishment of the Uruguay round of GATT talks was the establishment of the __________.

Accepted Answer

A) World Trade Organization 
B) Asian Development Bank 
C) World Bank 
D) International Monetary Fund 
E) International Finance Corporation 
A) World Trade Organization 
B) Asian Development Bank 
C) World Bank 
D) International Monetary Fund 
E) International Finance Corporation

Question 12

The Triad Regions of the world (North America, Western Europe, and Japan) were the major economies in most of the 20th century.

Accepted Answer

A) True 
 B)False

Question 13

Portfolio investments are investments in foreign countries that are spread out over a wide variety of industries.

Accepted Answer

A) True 
 B)False

Question 14

Doha's Development Agenda (Doha Round) includes new trade talks-an actions program to resolve developing countries' complaints about the implementation of Uruguay Round agreements, and an accord on ____________________________.

Accepted Answer

A) Trade Related Aspects of Intellectual Property Rights 
B) Services Related Aspects of Intellectual Property Rights 
C) Regional Related Aspects of Intellectual Property Rights 
D) Local Related Aspects of Intellectual Property Rights 
E) National Related Aspects of Intellectual Property Rights 
A) Trade Related Aspects of Intellectual Property Rights 
B) Services Related Aspects of Intellectual Property Rights 
C) Regional Related Aspects of Intellectual Property Rights 
D) Local Related Aspects of Intellectual Property Rights 
E) National Related Aspects of Intellectual Property Rights

Question 15

The Maastricht Treaty is a(n):

Accepted Answer

A) economic union. 
B) development union. 
C) transnational union. 
D) monetary union. 
E) national union. 
A) economic union. 
B) development union. 
C) transnational union. 
D) monetary union. 
E) national union.

Question 16

The principle goal of a political union is that it:

Accepted Answer

A) can buy goods from one another. 
B) can refuse to buy goods from nonmembers. 
C) can switch to a common currency and a central bank. 
D) gives up all sovereignty among individual members. 
E) no longer recognizes national boundaries. 
A) can buy goods from one another. 
B) can refuse to buy goods from nonmembers. 
C) can switch to a common currency and a central bank. 
D) gives up all sovereignty among individual members. 
E) no longer recognizes national boundaries.

Question 17

With respect to intellectual property rights, an example of an information-related product is:

Accepted Answer

A) computer hardware. 
B) an automobile. 
C) computer software. 
D) jewelry. 
E) a new drilling bit. 
A) computer hardware. 
B) an automobile. 
C) computer software. 
D) jewelry. 
E) a new drilling bit.

Question 18

An example of portfolio investment (or indirect investment) in foreign markets is __________.

Accepted Answer

A) production facilities 
B) computers 
C) stocks and bonds 
D) buildings 
E) manufacturing facilities 
A) production facilities 
B) computers 
C) stocks and bonds 
D) buildings 
E) manufacturing facilities

Question 19

Which of the following does not contribute to Singapore's consistently high ranking for global competitiveness?

Accepted Answer

A) Education 
B) Natural resources 
C) Healthcare 
D) Infrastructure 
A) Education 
B) Natural resources 
C) Healthcare 
D) Infrastructure

Question 20

The 2008-9 global recession has caused relatively small downturns for countries that opened up most to world trade.

Accepted Answer

A) True 
 B)False

Which nation is the world's third largest exporter?

The Doha Round paved the way for China and Singapore to get full membership in the WTO.

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Why was the December, 1999, WTO meeting in Seattle postponed?

The Global economy is becoming more ____________________.

The World Economic Forum's Global Competitiveness Report placed one of four Asian Tigers (Singapore) among the world's top _________ economies (along with the Finland, United States, Sweden, Denmark, Iceland, Switzerland, Norway, and Australia).

None of the top five importing countries in 2017 were Asian.

Which nation is the world's largest exporter?

In the past 20 years, China's average growth rate in GDP has been over:

When firms invest in manufacturing and distribution facilities outside their home countries to expand into new markets around the world, they have added operational capacity to the stock of _________________________________.

Perhaps the most important accomplishment of the Uruguay round of GATT talks was the establishment of the __________.

The Triad Regions of the world (North America, Western Europe, and Japan) were the major economies in most of the 20^th century.

Portfolio investments are investments in foreign countries that are spread out over a wide variety of industries.

Doha's Development Agenda (Doha Round) includes new trade talks-an actions program to resolve developing countries' complaints about the implementation of Uruguay Round agreements, and an accord on ____________________________.

The Maastricht Treaty is a(n):

The principle goal of a political union is that it:

With respect to intellectual property rights, an example of an information-related product is:

An example of portfolio investment (or indirect investment) in foreign markets is __________.

Which of the following does not contribute to Singapore's consistently high ranking for global competitiveness?

The 2008-9 global recession has caused relatively small downturns for countries that opened up most to world trade.

Globalization Imperative

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters

Exam 2: Economic Environment

Which nation is the world's third largest exporter?

The Doha Round paved the way for China and Singapore to get full membership in the WTO.

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Why was the December, 1999, WTO meeting in Seattle postponed?

The Global economy is becoming more ____________________.

The World Economic Forum's Global Competitiveness Report placed one of four Asian Tigers (Singapore) among the world's top _________ economies (along with the Finland, United States, Sweden, Denmark, Iceland, Switzerland, Norway, and Australia).

None of the top five importing countries in 2017 were Asian.

Which nation is the world's largest exporter?

In the past 20 years, China's average growth rate in GDP has been over:

When firms invest in manufacturing and distribution facilities outside their home countries to expand into new markets around the world, they have added operational capacity to the stock of _________________________________.

Perhaps the most important accomplishment of the Uruguay round of GATT talks was the establishment of the __________.

The Triad Regions of the world (North America, Western Europe, and Japan) were the major economies in most of the 20th century.

Portfolio investments are investments in foreign countries that are spread out over a wide variety of industries.

Doha's Development Agenda (Doha Round) includes new trade talks-an actions program to resolve developing countries' complaints about the implementation of Uruguay Round agreements, and an accord on ____________________________.

The Maastricht Treaty is a(n):

The principle goal of a political union is that it:

With respect to intellectual property rights, an example of an information-related product is:

An example of portfolio investment (or indirect investment) in foreign markets is __________.

Which of the following does not contribute to Singapore's consistently high ranking for global competitiveness?

The 2008-9 global recession has caused relatively small downturns for countries that opened up most to world trade.

Globalization Imperative

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Global Communication Strategies

Sales Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Sustainable Marketing in the Global Marketplace

Filters

The Triad Regions of the world (North America, Western Europe, and Japan) were the major economies in most of the 20^th century.