Exam 1: Globalization and International Linkages

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Discuss the factors that contributed to Japan's phenomenal economic success.

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U.S.firms maintain particularly dominant global positions in all of the following industries except:

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About 46 percent of employees in both the United States and Russia would prefer a work schedule that fluctuates between work and leisure,mirroring a pattern of recurring sabbaticals.

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In the context of emerging and developing economies,identify a true statement about China.

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General Electric (GE)has strategically leveraged social media to improve its long-term brand image.

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The Brazilian economy outweighs that of any other South American country with an economic output comparable to that of France.

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The _____ is the global organization of countries that oversees rules and regulations for international trade and investment,including agriculture,intellectual property,services,competition,and subsidies.

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The United States has considerable foreign direct investment in Germany,more than in any other country.

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A factory,the majority of which are located in Mexican border towns,that imports materials and equipment on a duty- and tariff-free basis for assembly or manufacturing and re-export is referred to as _____.

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Despite being unable to take full advantage of globalization,there is still hope in the future for Africa because the potential of African countries remains virtually untapped.

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A major development in South America is:

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In 2009,global FDI _____.

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China remains a major risk for investors because they are required to maintain a delicate balance between the country's communist and capitalist systems.

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After becoming part of the North American Free Trade Agreement (NAFTA)in 1994,Mexico:

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In the context of the changing global demographics,elderly populations spend money on housing and other capitally financed purchases.

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The challenge for the future of the European Union is to:

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