Question 1

Identify the statement false of China's economic condition.

Accepted Answer

A) China's GDP has remained strong, maintaining at 11.5 percent growth in 2009 
B) In the first quarter of 2010, China's GDP grew at a blistering 11.7 percent causing some concerns that the Chinese government has been unable to tap the breaks on this rapid growth 
C) Trade relations between China and developed countries and regions, such as the United States and the EU, are lax 
D) Massive savings glut in the corporate sector, the globalization of manufacturing networks are major challenges faced by China 
A) China's GDP has remained strong, maintaining at 11.5 percent growth in 2009 
B) In the first quarter of 2010, China's GDP grew at a blistering 11.7 percent causing some concerns that the Chinese government has been unable to tap the breaks on this rapid growth 
C) Trade relations between China and developed countries and regions, such as the United States and the EU, are lax 
D) Massive savings glut in the corporate sector, the globalization of manufacturing networks are major challenges faced by China

Question 2

Chaebols are very large, family held Korean conglomerates that have considerable political and economic power.

Accepted Answer

A) True 
 B)False

Question 3

One of the ways that Russia is attempting to get its economy going is by removing many administered prices and subsidies and letting free market forces take over.

Accepted Answer

A) True 
 B)False

Question 4

A recent survey (reported in our textbook) of businesspeople from Argentina, Brazil, Chile, Columbia and Venezuela found that the _____ market, on average, was more important to their economic well being than any other.

Accepted Answer

A) Mexican 
B) Japanese 
C) U.S 
D) European Union 
A) Mexican 
B) Japanese 
C) U.S 
D) European Union

Question 5

The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political and cultural environments is called international management.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

The ultimate objective of the EU is to:

Accepted Answer

A) Develop separate custom duties for member countries 
B) Eliminate all trade barriers among member countries 
C) Have a single government that represents all EU countries 
D) Increase imports into EU countries 
A) Develop separate custom duties for member countries 
B) Eliminate all trade barriers among member countries 
C) Have a single government that represents all EU countries 
D) Increase imports into EU countries

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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 10

How has NAFTA affected the economies of North America?

Accepted Answer

The United States, Canada and Mexico mak

Question 11

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

Accepted Answer

A) Brazil 
B) Argentina 
C) Mexico 
D) Chile 
A) Brazil 
B) Argentina 
C) Mexico 
D) Chile

Question 12

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

Accepted Answer

During the 1970s and 1980s, Japan's econ

Question 13

Identify the statement which is not true of Mexico.

Accepted Answer

A) When it joined NAFTA, Mexico was on the verge of becoming the major economic power in Latin America 
B) Mexico has free-trade agreements with more than 50 countries 
C) Mexico's trade with Asia is declining 
D) Mexico's government are probusiness 
A) When it joined NAFTA, Mexico was on the verge of becoming the major economic power in Latin America 
B) Mexico has free-trade agreements with more than 50 countries 
C) Mexico's trade with Asia is declining 
D) Mexico's government are probusiness

Question 14

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

Accepted Answer

A) True 
 B)False

Question 15

The NAFTA agreement and the DR-CAFTA 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 16

The World Trade Organization (WTO) meeting in Doha in November of 2001 was referred to as:

Accepted Answer

A) The "Annecy Round" 
B) The "Development Round" 
C) The "Tokyo Round" 
D) The "Torquay Round" 
A) The "Annecy Round" 
B) The "Development Round" 
C) The "Tokyo Round" 
D) The "Torquay Round"

Question 17

Which of the following is true of India today?

Accepted Answer

A) It has a relatively small middle class 
B) Education levels tend to be low 
C) It is attractive to MNCs 
D) There is a distinct lack of government funds for economic development 
A) It has a relatively small middle class 
B) Education levels tend to be low 
C) It is attractive to MNCs 
D) There is a distinct lack of government funds for economic development

Question 18

Antiglobalization activists:

Accepted Answer

A) Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damage 
B) Believe globalization will force higher-polluting countries such as China and Russia into an integrated global community that takes responsible measures to protect the environment 
C) Assert that if corporations are free to locate anywhere in the world, the world's poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with it 
D) Believe that industrialization will create wealth that will enable new industries to employ more modern, environmentally friendly technology 
A) Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damage 
B) Believe globalization will force higher-polluting countries such as China and Russia into an integrated global community that takes responsible measures to protect the environment 
C) Assert that if corporations are free to locate anywhere in the world, the world's poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with it 
D) Believe that industrialization will create wealth that will enable new industries to employ more modern, environmentally friendly technology

Question 19

Foreign direct investment remained strong and even grew in some regions despite the 2008-2009 global recession.

Accepted Answer

A) True 
 B)False

Question 20

In 2009, FDI inflows and outflows:

Accepted Answer

A) Nearly doubled 
B) Nearly tripled 
C) Fell substantially 
D) Remained fairly constant 
A) Nearly doubled 
B) Nearly tripled 
C) Fell substantially 
D) Remained fairly constant

Identify the statement false of China's economic condition.

Chaebols are very large, family held Korean conglomerates that have considerable political and economic power.

One of the ways that Russia is attempting to get its economy going is by removing many administered prices and subsidies and letting free market forces take over.

A recent survey (reported in our textbook) of businesspeople from Argentina, Brazil, Chile, Columbia and Venezuela found that the _____ market, on average, was more important to their economic well being than any other.

The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political and cultural environments is called international management.

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

The ultimate objective of the EU is to:

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

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.

How has NAFTA affected the economies of North America?

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

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

Identify the statement which is not true of Mexico.

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

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

The World Trade Organization (WTO) meeting in Doha in November of 2001 was referred to as:

Which of the following is true of India today?

Antiglobalization activists:

Foreign direct investment remained strong and even grew in some regions despite the 2008-2009 global recession.

In 2009, FDI inflows and outflows:

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

Identify the statement false of China's economic condition.

Chaebols are very large, family held Korean conglomerates that have considerable political and economic power.

One of the ways that Russia is attempting to get its economy going is by removing many administered prices and subsidies and letting free market forces take over.

A recent survey (reported in our textbook) of businesspeople from Argentina, Brazil, Chile, Columbia and Venezuela found that the _____ market, on average, was more important to their economic well being than any other.

The process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political and cultural environments is called international management.

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

The ultimate objective of the EU is to:

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

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.

How has NAFTA affected the economies of North America?

In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.

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

Identify the statement which is not true of Mexico.

Mexico believes that the United States is its most important market and that little effort should go into expanding trade with Europe and Asia at least for now.

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

The World Trade Organization (WTO) meeting in Doha in November of 2001 was referred to as:

Which of the following is true of India today?

Antiglobalization activists:

Foreign direct investment remained strong and even grew in some regions despite the 2008-2009 global recession.

In 2009, FDI inflows and outflows:

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