Question 1

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Accepted Answer

A)  Increased opening of the market to foreign investments 
B)  Trade isolation by other ASEAN countries 
C)  Losing the permanent normal trade relations (PNTR) status 
D)  Reformation of the traditional legal system 
E)  Economic volatility accompanied by fast growth 
A)  Increased opening of the market to foreign investments 
B)  Trade isolation by other ASEAN countries 
C)  Losing the permanent normal trade relations (PNTR) status 
D)  Reformation of the traditional legal system 
E)  Economic volatility accompanied by fast growth

Question 2

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

Accepted Answer

A)  After becoming a special administrative region of the People's Republic of China, Hong Kong has lost its autonomy. 
B)  The Hong Kong government negotiates bilateral agreements and makes major economic decisions on its own. 
C)  The central government in Beijing has no jurisdiction over matters related to foreign affairs and defense of Hong Kong. 
D)  The Hong Kong dollar has ceased to be freely convertible after its turnover to the People's Republic of China. 
E)  The Hong Kong SAR government openly opposes economic policies that stresses the predominant role of the private sector. 
A)  After becoming a special administrative region of the People's Republic of China, Hong Kong has lost its autonomy. 
B)  The Hong Kong government negotiates bilateral agreements and makes major economic decisions on its own. 
C)  The central government in Beijing has no jurisdiction over matters related to foreign affairs and defense of Hong Kong. 
D)  The Hong Kong dollar has ceased to be freely convertible after its turnover to the People's Republic of China. 
E)  The Hong Kong SAR government openly opposes economic policies that stresses the predominant role of the private sector.

Question 3

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

Accepted Answer

A)  Four Lions 
B)  Four Elephants 
C)  Four Dragons 
D)  Four Horses 
E)  Four Swans 
A)  Four Lions 
B)  Four Elephants 
C)  Four Dragons 
D)  Four Horses 
E)  Four Swans

Question 4

The Four Asian Tigers are: China, Thailand, India, and North Korea.

Accepted Answer

A) True 
 B)False

Question 5

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

Accepted Answer

A)  Japan's trade policies with the United States 
B)  Japan's refusal to join Asian trade blocs 
C)  The powerful influence of the royalty in political issues 
D)  The hidebound Japanese bureaucracy 
E)  The splintering of Japan's right-wing political parties 
A)  Japan's trade policies with the United States 
B)  Japan's refusal to join Asian trade blocs 
C)  The powerful influence of the royalty in political issues 
D)  The hidebound Japanese bureaucracy 
E)  The splintering of Japan's right-wing political parties

Question 6

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is one of the primary targets of ASEAN Vision 2020?

Accepted Answer

A)  To implement fully and as rapidly as possible the ASEAN Free Trade Area. 
B)  To form the ASEAN+3 to deal with trade and monetary issues facing Asia. 
C)  To shift Asian economies from manufacturing based to commodity based. 
D)  To aid Japan's emergence as the major provider of technology and capital necessary to develop new industries. 
E)  To prevent the further privatization of state-owned industries. 
A)  To implement fully and as rapidly as possible the ASEAN Free Trade Area. 
B)  To form the ASEAN+3 to deal with trade and monetary issues facing Asia. 
C)  To shift Asian economies from manufacturing based to commodity based. 
D)  To aid Japan's emergence as the major provider of technology and capital necessary to develop new industries. 
E)  To prevent the further privatization of state-owned industries.

Question 8

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Accepted Answer

A)  9 
B)  15 
C)  25 
D)  33 
E)  48 
A)  9 
B)  15 
C)  25 
D)  33 
E)  48

Question 9

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

Accepted Answer

A)  The Japanese rail system is the most underdeveloped in the world. 
B)  In the Philippines, most people travel by train. 
C)  As a result of communism, China and Vietnam place low emphasis on health. 
D)  The Japanese healthcare system produces the longest lifespans in the world. 
E)  Consumption patterns indicate that the Chinese place much lower emphasis on education compared with Indians. 
A)  The Japanese rail system is the most underdeveloped in the world. 
B)  In the Philippines, most people travel by train. 
C)  As a result of communism, China and Vietnam place low emphasis on health. 
D)  The Japanese healthcare system produces the longest lifespans in the world. 
E)  Consumption patterns indicate that the Chinese place much lower emphasis on education compared with Indians.

Question 10

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

Accepted Answer

A) True 
 B)False

Question 11

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

Accepted Answer

A)  Gansu 
B)  Shanxi 
C)  Henan 
D)  Liaoning 
E)  Sichuan 
A)  Gansu 
B)  Shanxi 
C)  Henan 
D)  Liaoning 
E)  Sichuan

Question 12

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

Accepted Answer

A)  They were among the first countries in Asia to move from a status of developing countries to newly industrialized countries. 
B)  They have a middle class numbering some 250 million, about the population of the United States. 
C)  The exports in these countries are growing at a rate of 50 percent annually. 
D)  They have faced a serious disadvantage in the information age due to their complex languages. 
E)  They all have the custom of "baksheesh," a deeply ingrained system of bribery. 
A)  They were among the first countries in Asia to move from a status of developing countries to newly industrialized countries. 
B)  They have a middle class numbering some 250 million, about the population of the United States. 
C)  The exports in these countries are growing at a rate of 50 percent annually. 
D)  They have faced a serious disadvantage in the information age due to their complex languages. 
E)  They all have the custom of "baksheesh," a deeply ingrained system of bribery.

Question 13

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Accepted Answer

A)  NAFTA 
B)  ASEAN 
C)  ASEAN+3 
D)  SADC 
E)  APEC 
A)  NAFTA 
B)  ASEAN 
C)  ASEAN+3 
D)  SADC 
E)  APEC

Question 14

This region in China includes three cities of over 5 million inhabitants (Hong Kong, Guangzhou, and Shenzhen); five cities with more than 1 million inhabitants (Zhuhai, Huizhou, Foshan, Zhongshan, and Dongguan); and a number of cities that each contain approximately half a million inhabitants, such as Macau. Identify the region.

Accepted Answer

A)  Shanghai 
B)  Northeast China 
C)  Yangtze River Delta 
D)  The Greater Pearl River area 
E)  Taiwan 
A)  Shanghai 
B)  Northeast China 
C)  Yangtze River Delta 
D)  The Greater Pearl River area 
E)  Taiwan

Question 15

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Accepted Answer

A)  The caste system 
B)  Inept political apparatus 
C)  Aggressive internal competition 
D)  Theocratic rule 
E)  Lack of natural resources 
A)  The caste system 
B)  Inept political apparatus 
C)  Aggressive internal competition 
D)  Theocratic rule 
E)  Lack of natural resources

Question 16

Grameen Bank is a private commercial enterprise in _____.

Accepted Answer

A)  Bangladesh 
B)  China 
C)  Japan 
D)  Sri Lanka 
E)  South Korea 
A)  Bangladesh 
B)  China 
C)  Japan 
D)  Sri Lanka 
E)  South Korea

Question 17

Immediately after World War II, a shattered Japanese nation arrived at a consensus goal for national recovery. That consensual goal provided the incentive for its spectacular progress, decade after decade. Then during the late 1980s, the Japanese people stepped back and looked around at their manifest achievement. It was easy to conclude they had reached their coveted goal. So the question for them became, "all right, what's next?" This theory tries to explain the Japanese crisis of the 1990s. Which of the following theories are we talking about?

Accepted Answer

A)  The Cultural Causation theory 
B)  The Power Shift theory 
C)  The Third Way theory 
D)  The Hybridity theory 
E)  The Cultural Capital theory 
A)  The Cultural Causation theory 
B)  The Power Shift theory 
C)  The Third Way theory 
D)  The Hybridity theory 
E)  The Cultural Capital theory

Question 18

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Accepted Answer

A)  defend their currencies against future attack. 
B)  improve the multilateral trade. 
C)  keep inflation under check. 
D)  acquire nuclear technology. 
E)  improve agricultural production. 
A)  defend their currencies against future attack. 
B)  improve the multilateral trade. 
C)  keep inflation under check. 
D)  acquire nuclear technology. 
E)  improve agricultural production.

Question 19

Tianjin is China's largest industrial city.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is the best way to stimulate economic development and growth from within developing countries?

Accepted Answer

A)  Imposing embargoes 
B)  Encouraging governmental regulations 
C)  Restricting immigration 
D)  Increasing tariffs on exports 
E)  Encouraging networked entrepreneurial activities 
A)  Imposing embargoes 
B)  Encouraging governmental regulations 
C)  Restricting immigration 
D)  Increasing tariffs on exports 
E)  Encouraging networked entrepreneurial activities

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

The Four Asian Tigers are: China, Thailand, India, and North Korea.

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Which of the following is one of the primary targets of ASEAN Vision 2020?

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Grameen Bank is a private commercial enterprise in _____.

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Tianjin is China's largest industrial city.

Which of the following is the best way to stimulate economic development and growth from within developing countries?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: a Critical Concern

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

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Exam 11: The Asia Pacific Region

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

The Four Asian Tigers are: China, Thailand, India, and North Korea.

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Which of the following is one of the primary targets of ASEAN Vision 2020?

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Grameen Bank is a private commercial enterprise in _____.

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Tianjin is China's largest industrial city.

Which of the following is the best way to stimulate economic development and growth from within developing countries?

The Scope and Challenge of International Marketing

The Dynamic Environment of International Trade

History and Geography: The Foundations of Culture

Cultural Dynamics in Assessing Global Markets

Culture, Management Style, and Business Systems

The Political Environment: a Critical Concern

The International Legal Environment: Playing by the Rules

Developing a Global Vision Through Marketing Research

Economic Development and the Americas

Europe, Africa, and the Middle East

Global Marketing Management: Planning and Organization

Products and Services for Consumers

Products and Services for Businesses

International Marketing Channels

Integrated Marketing Communications and International Advertising

Personal Selling and Sales Management

Pricing for International Markets

Inventive Negotiations With International Customers, Partners, and Regulators

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