Question 1

Which of the following countries was not amongst the world's 10 most competitive nations in 2010?

Accepted Answer

A) United States 
B) Singapore 
C) United Kingdom 
D) Norway 
A) United States 
B) Singapore 
C) United Kingdom 
D) Norway C

Question 2

Identify the emerging market which is projected to have the largest market size in 2010.

Accepted Answer

A) China 
B) India 
C) Mexico 
D) Argentina 
A) China 
B) India 
C) Mexico 
D) Argentina A

Question 3

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 B

Question 4

In 2009, global merchandise exports and global commercial services exports:

Accepted Answer

A) Declined for the first time since 1983 
B) Nearly doubled 
C) Remained fairly consistent 
D) Decreased by almost 50 percent 
A) Declined for the first time since 1983 
B) Nearly doubled 
C) Remained fairly consistent 
D) Decreased by almost 50 percent

Question 5

Globalization:

Accepted Answer

A) Is the growth of interstate trade, spurred on by the progress toward free-market policies 
B) Is the subcontracting of activities to endogenous organizations that had previously been performed within the firm 
C) Is the process of social, political, economic, cultural and technological integration among countries around the world 
D) Is the process of a business crossing national and cultural borders 
A) Is the growth of interstate trade, spurred on by the progress toward free-market policies 
B) Is the subcontracting of activities to endogenous organizations that had previously been performed within the firm 
C) Is the process of social, political, economic, cultural and technological integration among countries around the world 
D) Is the process of a business crossing national and cultural borders

Question 6

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low cost production and export.

Accepted Answer

A) True 
 B)False

Question 7

The former communist countries that have become most visible in the international arena include:

Accepted Answer

A) Romania, Poland and Bulgaria 
B) Czech Republic, Bulgaria and Poland 
C) Hungary, Romania and Albania 
D) Poland, Hungary and the Czech Republic 
A) Romania, Poland and Bulgaria 
B) Czech Republic, Bulgaria and Poland 
C) Hungary, Romania and Albania 
D) Poland, Hungary and the Czech Republic

Question 8

The term "maquiladora" is used to describe a specific kind of _____ industry.

Accepted Answer

A) Brazilian 
B) Mexican 
C) South Korean 
D) Chinese 
A) Brazilian 
B) Mexican 
C) South Korean 
D) Chinese

Question 9

Identify the statement that is false of globalization.

Accepted Answer

A) It can be defined as the process of social, political, economic, cultural and technological integration among countries around the world 
B) It is the process of a business crossing national and cultural borders 
C) Evidence of globalization can be seen in increased levels of trade, capital flows and migration 
D) It has been facilitated by technological advances in transnational communications, transport and travel 
A) It can be defined as the process of social, political, economic, cultural and technological integration among countries around the world 
B) It is the process of a business crossing national and cultural borders 
C) Evidence of globalization can be seen in increased levels of trade, capital flows and migration 
D) It has been facilitated by technological advances in transnational communications, transport and travel

Question 10

NAFTA is better integrated as a single market than the EU or the allied Asian countries.

Accepted Answer

A) True 
 B)False

Question 11

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 12

United States multinationals have more foreign direct investment in Germany than any other country.

Accepted Answer

A) True 
 B)False

Question 13

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 14

Which of the following statements is true with regard to the economy of Poland?

Accepted Answer

A) The consensus decision making system of Poland turns out to be too time-consuming in the new speed-based economy 
B) During the 1970s and 1980s, Poland's economic success had been without precedent 
C) Poland is among the largest of the former communist countries which receives the least media coverage 
D) Political instability and risk, large external debts, a deteriorating infrastructure and only modest education levels have led to continuing economic problems in Poland 
A) The consensus decision making system of Poland turns out to be too time-consuming in the new speed-based economy 
B) During the 1970s and 1980s, Poland's economic success had been without precedent 
C) Poland is among the largest of the former communist countries which receives the least media coverage 
D) Political instability and risk, large external debts, a deteriorating infrastructure and only modest education levels have led to continuing economic problems in Poland

Question 15

Agreements like NAFTA and CAFTA:

Accepted Answer

A) Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rights 
B) Do not include supplemental commitments on labor and the environment to encourage countries to upgrade their working conditions and environmental protections like the FTAA 
C) Rely exclusively on MNCs exporting or setting up operations locally rather than buying out a domestic firm 
D) Provide firms with enough security so they cannot go out of business, which simply encourages a lack of efficiency or incentive to monitor costs 
A) Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rights 
B) Do not include supplemental commitments on labor and the environment to encourage countries to upgrade their working conditions and environmental protections like the FTAA 
C) Rely exclusively on MNCs exporting or setting up operations locally rather than buying out a domestic firm 
D) Provide firms with enough security so they cannot go out of business, which simply encourages a lack of efficiency or incentive to monitor costs

Question 16

The World Trade Organization (WTO) meeting in Cancun in September of 2003 was led by:

Accepted Answer

A) India and Brazil 
B) The U.S.and Japan 
C) The U.K.and France 
D) EU members 
A) India and Brazil 
B) The U.S.and Japan 
C) The U.K.and France 
D) EU members

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

Mexican firms cannot export goods into the European community without paying a tariff.

Accepted Answer

A) True 
 B)False

Question 19

Despite setbacks, _____ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America and Europe.

Accepted Answer

A) Japan 
B) Chile 
C) China 
D) Argentina 
A) Japan 
B) Chile 
C) China 
D) Argentina

Question 20

The term used to indicate the amount invested in property, plant and equipment in another country is:

Accepted Answer

A) Exporting 
B) Foreign direct investment 
C) Importing 
D) Trade imperfection 
A) Exporting 
B) Foreign direct investment 
C) Importing 
D) Trade imperfection

Which of the following countries was not amongst the world's 10 most competitive nations in 2010?

Identify the emerging market which is projected to have the largest market size in 2010.

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

In 2009, global merchandise exports and global commercial services exports:

Globalization:

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low cost production and export.

The former communist countries that have become most visible in the international arena include:

The term "maquiladora" is used to describe a specific kind of _____ industry.

Identify the statement that is false of globalization.

NAFTA is better integrated as a single market than the EU or the allied Asian countries.

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

United States multinationals have more foreign direct investment in Germany than any other country.

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

Which of the following statements is true with regard to the economy of Poland?

Agreements like NAFTA and CAFTA:

The World Trade Organization (WTO) meeting in Cancun in September of 2003 was led by:

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

Mexican firms cannot export goods into the European community without paying a tariff.

Despite setbacks, _____ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America and Europe.

The term used to indicate the amount invested in property, plant and equipment in another country is:

The Political, Legal, and Technological Environment

Ethics and Social Responsibility

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural Communication 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

Which of the following countries was not amongst the world's 10 most competitive nations in 2010?

Identify the emerging market which is projected to have the largest market size in 2010.

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

In 2009, global merchandise exports and global commercial services exports:

Globalization:

The countries of the Association of Southeast Asian nations are challenging China's position as destinations for low cost production and export.

The former communist countries that have become most visible in the international arena include:

The term "maquiladora" is used to describe a specific kind of _____ industry.

Identify the statement that is false of globalization.

NAFTA is better integrated as a single market than the EU or the allied Asian countries.

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

United States multinationals have more foreign direct investment in Germany than any other country.

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

Which of the following statements is true with regard to the economy of Poland?

Agreements like NAFTA and CAFTA:

The World Trade Organization (WTO) meeting in Cancun in September of 2003 was led by:

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

Mexican firms cannot export goods into the European community without paying a tariff.

Despite setbacks, _____ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America and Europe.

The term used to indicate the amount invested in property, plant and equipment in another country is:

The Political, Legal, and Technological Environment

Ethics and Social Responsibility

The Meanings and Dimensions of Culture

Managing Across Cultures

Organizational Cultures and Diversity

Cross-Cultural Communication 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