Question 1

The United States holds a dominant position in all of the following industries except:

Accepted Answer

A) telecommunications 
B) biotechnology 
C) media 
D) textiles 
A) telecommunications 
B) biotechnology 
C) media 
D) textiles

Question 2

The United States, Canada and Mexico make up the _____, which in essence has removed all barriers to trade between these countries and created a huge North American market.

Accepted Answer

A) General Agreement on Tariffs and Trade 
B) North American Common Market 
C) North American Free Trade Agreement 
D) North American Trade Union 
A) General Agreement on Tariffs and Trade 
B) North American Common Market 
C) North American Free Trade Agreement 
D) North American Trade Union

Question 3

Foreign direct investment fell dramatically over the last decade in most regions of the world.

Accepted Answer

A) True 
 B)False

Question 4

Due to the stalled progress with the WTO and FTAA, the United States has pursued _____ with a range of countries, including, Australia, Bahrain, Chile, Colombia, Israel, Jordan, Malaysia, Morocco, Oman, Panama, Peru, and Singapore.

Accepted Answer

A) Plurilateral trade agreements 
B) Multilateral trade agreements 
C) Bilateral trade agreements 
D) Regional trade agreements 
A) Plurilateral trade agreements 
B) Multilateral trade agreements 
C) Bilateral trade agreements 
D) Regional trade agreements

Question 5

An organizational arrangement in Japan in which a large group of vertically integrated companies bound together by cross-ownership, interlocking directorates and social ties provide goods and services to end users is:

Accepted Answer

A) Vertically integrated corporation 
B) Keiretsus 
C) Maquiladora 
D) Chaebols 
A) Vertically integrated corporation 
B) Keiretsus 
C) Maquiladora 
D) Chaebols

Question 6

The subcontracting or contracting out of activities to external organizations that had previously been performed by the firm is called:

Accepted Answer

A) Homesourcing 
B) Insourcing 
C) Offshoring 
D) Outsourcing 
A) Homesourcing 
B) Insourcing 
C) Offshoring 
D) Outsourcing

Question 7

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

Accepted Answer

A) WTO 
B) NAFTA 
C) WIPO 
D) ITO 
A) WTO 
B) NAFTA 
C) WIPO 
D) ITO

Question 8

As a result of some continuing problems, the international business climate in Poland has not done well.

Accepted Answer

A) True 
 B)False

Question 9

The FDI is estimated to reach _____ in 2014.

Accepted Answer

A) An amount greater than that reached in 2007, which was an all-time high 
B) A new low due to political instability and uncertain markets 
C) The same level as it did in 2011 
D) A small decrease because of the greater transportation costs due to oil prices 
A) An amount greater than that reached in 2007, which was an all-time high 
B) A new low due to political instability and uncertain markets 
C) The same level as it did in 2011 
D) A small decrease because of the greater transportation costs due to oil prices

Question 10

MITI is a _____ government agency that identifies and ranks national commercial pursuits and guides the distribution of national resources to meet these goals.

Accepted Answer

A) Chinese 
B) Japanese 
C) South Korean 
D) Philippine 
A) Chinese 
B) Japanese 
C) South Korean 
D) Philippine

Question 11

NAFTA is a free trade agreement among the United States, Canada, and Mexico that has in essence removed all barriers to trade and investment among the three nations.

Accepted Answer

A) True 
 B)False

Question 12

The Goldman Sachs global economics team:

Accepted Answer

A) Estimates that Chile will occupy a dominant role in the global economic system and will surpass the United States in output by 2035 
B) Reports that the economic potential of Brazil, Russia, India, and China is such that they may constitute four of the top five most dominant economies by the year 2050 
C) Estimates that the BRIC economies' share of world growth could rise from 40 percent in 2000 to more than 70 percent in 2025 
D) Reports that Germany, followed by India a decade later, will overtake the United States as the world's largest car market 
A) Estimates that Chile will occupy a dominant role in the global economic system and will surpass the United States in output by 2035 
B) Reports that the economic potential of Brazil, Russia, India, and China is such that they may constitute four of the top five most dominant economies by the year 2050 
C) Estimates that the BRIC economies' share of world growth could rise from 40 percent in 2000 to more than 70 percent in 2025 
D) Reports that Germany, followed by India a decade later, will overtake the United States as the world's largest car market

Question 13

Nongovernmental organizations believe that everyone benefits from globalization, as evidenced in lower prices, greater availability of goods, better jobs and access to technology.

Accepted Answer

A) True 
 B)False

Question 14

In recent years, Canadian firms have begun investing heavily in the United States.

Accepted Answer

A) True 
 B)False

Question 15

Which country receives the most foreign direct investment (FDI) by U.S.companies?

Accepted Answer

A) Netherlands 
B) Mexico 
C) The United Kingdom 
D) Canada 
A) Netherlands 
B) Mexico 
C) The United Kingdom 
D) Canada

Question 16

Explain the concept of market economy.

Accepted Answer

A market economy exists when private ent

Question 17

_____ is the United States' largest trading partner, a position it has held for many years.

Accepted Answer

A) England 
B) Canada 
C) Japan 
D) Mexico 
A) England 
B) Canada 
C) Japan 
D) Mexico

Question 18

The four other widely recognized powerhouses in Asia, in addition to Japan and China are:

Accepted Answer

A) South Korea, Hong Kong, Singapore and Taiwan 
B) Indonesia, South Korea, Japan and Taiwan 
C) Thailand, South Korea, Indonesia and Hong Kong 
D) Singapore, South Korea, Indonesia and Thailand 
A) South Korea, Hong Kong, Singapore and Taiwan 
B) Indonesia, South Korea, Japan and Taiwan 
C) Thailand, South Korea, Indonesia and Hong Kong 
D) Singapore, South Korea, Indonesia and Thailand

Question 19

The NAFTA agreement and the CAFTA-DR agreement are examples of:

Accepted Answer

A) Defunct bilateral agreements 
B) Regional trade agreements 
C) Plurilateral agreements 
D) Proposed bilateral agreements 
A) Defunct bilateral agreements 
B) Regional trade agreements 
C) Plurilateral agreements 
D) Proposed bilateral agreements

Question 20

The emerging global community is becoming increasingly:

Accepted Answer

A) Socially isolated 
B) Economically interdependent 
C) Culturally interdependent 
D) Financially independent 
A) Socially isolated 
B) Economically interdependent 
C) Culturally interdependent 
D) Financially independent

The United States holds a dominant position in all of the following industries except:

The United States, Canada and Mexico make up the _____, which in essence has removed all barriers to trade between these countries and created a huge North American market.

Foreign direct investment fell dramatically over the last decade in most regions of the world.

Due to the stalled progress with the WTO and FTAA, the United States has pursued _____ with a range of countries, including, Australia, Bahrain, Chile, Colombia, Israel, Jordan, Malaysia, Morocco, Oman, Panama, Peru, and Singapore.

An organizational arrangement in Japan in which a large group of vertically integrated companies bound together by cross-ownership, interlocking directorates and social ties provide goods and services to end users is:

The subcontracting or contracting out of activities to external organizations that had previously been performed by the firm is called:

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

As a result of some continuing problems, the international business climate in Poland has not done well.

The FDI is estimated to reach _____ in 2014.

MITI is a _____ government agency that identifies and ranks national commercial pursuits and guides the distribution of national resources to meet these goals.

NAFTA is a free trade agreement among the United States, Canada, and Mexico that has in essence removed all barriers to trade and investment among the three nations.

The Goldman Sachs global economics team:

Nongovernmental organizations believe that everyone benefits from globalization, as evidenced in lower prices, greater availability of goods, better jobs and access to technology.

In recent years, Canadian firms have begun investing heavily in the United States.

Which country receives the most foreign direct investment (FDI) by U.S.companies?

Explain the concept of market economy.

_____ is the United States' largest trading partner, a position it has held for many years.

The four other widely recognized powerhouses in Asia, in addition to Japan and China are:

The NAFTA agreement and the CAFTA-DR agreement are examples of:

The emerging global community is becoming increasingly:

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural and Negotiation

Strategy Formulation and Implementation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

Filters

Exam 1: Globalization and International Linkages

The United States holds a dominant position in all of the following industries except:

The United States, Canada and Mexico make up the _____, which in essence has removed all barriers to trade between these countries and created a huge North American market.

Foreign direct investment fell dramatically over the last decade in most regions of the world.

Due to the stalled progress with the WTO and FTAA, the United States has pursued _____ with a range of countries, including, Australia, Bahrain, Chile, Colombia, Israel, Jordan, Malaysia, Morocco, Oman, Panama, Peru, and Singapore.

An organizational arrangement in Japan in which a large group of vertically integrated companies bound together by cross-ownership, interlocking directorates and social ties provide goods and services to end users is:

The subcontracting or contracting out of activities to external organizations that had previously been performed by the firm is called:

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

As a result of some continuing problems, the international business climate in Poland has not done well.

The FDI is estimated to reach _____ in 2014.

MITI is a _____ government agency that identifies and ranks national commercial pursuits and guides the distribution of national resources to meet these goals.

NAFTA is a free trade agreement among the United States, Canada, and Mexico that has in essence removed all barriers to trade and investment among the three nations.

The Goldman Sachs global economics team:

Nongovernmental organizations believe that everyone benefits from globalization, as evidenced in lower prices, greater availability of goods, better jobs and access to technology.

In recent years, Canadian firms have begun investing heavily in the United States.

Which country receives the most foreign direct investment (FDI) by U.S.companies?

Explain the concept of market economy.

_____ is the United States' largest trading partner, a position it has held for many years.

The four other widely recognized powerhouses in Asia, in addition to Japan and China are:

The NAFTA agreement and the CAFTA-DR agreement are examples of:

The emerging global community is becoming increasingly:

The Political, Legal, and Technological Environment

Ethics, Social Responsibility, and Sustainability

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural and Negotiation

Strategy Formulation and Implementation

Entry Strategies and Organizational Structures

Managing Political Risk, Government Relations, and Alliances

Management Decision and Control

Motivation Across Cultures

Leadership Across Cultures

Human Resource Selection and Development Across Cultures

Filters