Question 1

The trading bloc MERCOSUR is located in _____.

Accepted Answer

A)  Europe 
B)  Latin America 
C)  North America 
D)  Asia 
A)  Europe 
B)  Latin America 
C)  North America 
D)  Asia

Question 2

The shifts in financial flows due to global investments have resulted in:

Accepted Answer

A)  more complex procedures to avail foreign capital. 
B)  more foreign-direct activities. 
C)  decreased international debts by governments. 
D)  increased rates of unemployment. 
A)  more complex procedures to avail foreign capital. 
B)  more foreign-direct activities. 
C)  decreased international debts by governments. 
D)  increased rates of unemployment.

Question 3

Many firms do not participate in the global market because their managers believe that international marketing should only be carried out by large multinational corporations.

Accepted Answer

A) True 
 B)False

Question 4

International specialization and cross-sourcing have made production much more efficient.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is true regarding technological innovation?

Accepted Answer

A)  Technological innovation has complicated the production process. 
B)  Technological innovation has increased demand, therefore products are distributed at a higher cost. 
C)  Technological innovation allows for customization in order to meet diverse clients' needs. 
D)  Technological innovation enables greater access to raw materials around the world which in turn increases production costs. 
A)  Technological innovation has complicated the production process. 
B)  Technological innovation has increased demand, therefore products are distributed at a higher cost. 
C)  Technological innovation allows for customization in order to meet diverse clients' needs. 
D)  Technological innovation enables greater access to raw materials around the world which in turn increases production costs.

Question 6

Policymakers restrict the impact of global trade and financial flows by eliminating tariffs and quotas.

Accepted Answer

A) True 
 B)False

Question 7

As a result of the March 2011 earthquake and tsunami off the northeastern coast of Japan,the "just in time" supply chains of the _____,semiconductor,smartphone,digital camera,and personal computer industries were immediately jeopardized around the world.

Accepted Answer

A)  textile 
B)  automotive 
C)  healthcare 
D)  cosmetic 
A)  textile 
B)  automotive 
C)  healthcare 
D)  cosmetic

Question 8

Which of the following is true of global linkages?

Accepted Answer

A)  Global linkages were first widely recognized during the 1994 economic crisis. 
B)  Global linkages led to the strengthening of the "just in time" supply chains around the world. 
C)  Global linkages have had no impact on far-away countries that consider themselves distant and independent of any particular economic event. 
D)  Global linkages have become more intense on an individual level. 
A)  Global linkages were first widely recognized during the 1994 economic crisis. 
B)  Global linkages led to the strengthening of the "just in time" supply chains around the world. 
C)  Global linkages have had no impact on far-away countries that consider themselves distant and independent of any particular economic event. 
D)  Global linkages have become more intense on an individual level.

Question 9

The trading bloc ASEAN is located in _____.

Accepted Answer

A)  Asia 
B)  Europe 
C)  North America 
D)  South America 
A)  Asia 
B)  Europe 
C)  North America 
D)  South America

Question 10

Which of the following new technologies has allowed consumers to supply and receive products from across the world for personal use?

Accepted Answer

A)  Travelogues on cable television 
B)  The Internet 
C)  Automated pensions and individual retirement accounts 
D)  Newly created niche markets 
A)  Travelogues on cable television 
B)  The Internet 
C)  Automated pensions and individual retirement accounts 
D)  Newly created niche markets

Question 11

The _____,which was founded in 1944,has recently been assisting nations that used to be categorized as "wealthy."

Accepted Answer

A)  International Monetary Fund 
B)  World Trade Organization 
C)  World Health Organization 
D)  European Union 
A)  International Monetary Fund 
B)  World Trade Organization 
C)  World Health Organization 
D)  European Union

Question 12

To regain some power to influence events,policymakers have sought to restrict the impact of global trade and financial flows by:

Accepted Answer

A)  minimizing barriers. 
B)  charging tariffs. 
C)  canceling import regulations. 
D)  limiting quotas. 
A)  minimizing barriers. 
B)  charging tariffs. 
C)  canceling import regulations. 
D)  limiting quotas.

Question 13

Which of the following is true of world trade?

Accepted Answer

A)  World trade has deeply affected domestic policymaking. 
B)  World trade has led to an increase in the role of primary commodities in international trade. 
C)  World trade has decreased the challenge of companies to stay in leadership position. 
D)  World trade has resulted in the decrease of international debt by governments. 
A)  World trade has deeply affected domestic policymaking. 
B)  World trade has led to an increase in the role of primary commodities in international trade. 
C)  World trade has decreased the challenge of companies to stay in leadership position. 
D)  World trade has resulted in the decrease of international debt by governments.

Question 14

The role of government in the marketplace is decreasing dramatically.

Accepted Answer

A) True 
 B)False

Question 15

The level of trade is now determined by exchange rates.

Accepted Answer

A) True 
 B)False

The trading bloc MERCOSUR is located in _____.

The shifts in financial flows due to global investments have resulted in:

Many firms do not participate in the global market because their managers believe that international marketing should only be carried out by large multinational corporations.

International specialization and cross-sourcing have made production much more efficient.

Which of the following is true regarding technological innovation?

Policymakers restrict the impact of global trade and financial flows by eliminating tariffs and quotas.

As a result of the March 2011 earthquake and tsunami off the northeastern coast of Japan,the "just in time" supply chains of the _____,semiconductor,smartphone,digital camera,and personal computer industries were immediately jeopardized around the world.

Which of the following is true of global linkages?

The trading bloc ASEAN is located in _____.

Which of the following new technologies has allowed consumers to supply and receive products from across the world for personal use?

The _____,which was founded in 1944,has recently been assisting nations that used to be categorized as "wealthy."

To regain some power to influence events,policymakers have sought to restrict the impact of global trade and financial flows by:

Which of the following is true of world trade?

The role of government in the marketplace is decreasing dramatically.

The level of trade is now determined by exchange rates.

International Trade Frameworks and Policy

The Role of Culture

The Economic Environment

The Political and Legal Environment

Consumer,Industrial,and Government Markets

Strategic Planning

Analyzing People and Markets

Market Entry and Expansion

Marketing Organization,Implementation,and Control

Product Management and Global Brands

Global Marketing of Services

Advertising,Promotion,and Sales

Pricing Strategies and Tactics

Global Distribution and Logistics

Social Networks and Communication

Leadership,Corporate Social Responsibility,and Sustainability

New Directions and Challenges

Filters

Exam 1: Global Environmental Drivers

The trading bloc MERCOSUR is located in _____.

The shifts in financial flows due to global investments have resulted in:

Many firms do not participate in the global market because their managers believe that international marketing should only be carried out by large multinational corporations.

International specialization and cross-sourcing have made production much more efficient.

Which of the following is true regarding technological innovation?

Policymakers restrict the impact of global trade and financial flows by eliminating tariffs and quotas.

As a result of the March 2011 earthquake and tsunami off the northeastern coast of Japan,the "just in time" supply chains of the _____,semiconductor,smartphone,digital camera,and personal computer industries were immediately jeopardized around the world.

Which of the following is true of global linkages?

The trading bloc ASEAN is located in _____.

Which of the following new technologies has allowed consumers to supply and receive products from across the world for personal use?

The _____,which was founded in 1944,has recently been assisting nations that used to be categorized as "wealthy."

To regain some power to influence events,policymakers have sought to restrict the impact of global trade and financial flows by:

Which of the following is true of world trade?

The role of government in the marketplace is decreasing dramatically.

The level of trade is now determined by exchange rates.

International Trade Frameworks and Policy

The Role of Culture

The Economic Environment

The Political and Legal Environment

Consumer,Industrial,and Government Markets

Strategic Planning

Analyzing People and Markets

Market Entry and Expansion

Marketing Organization,Implementation,and Control

Product Management and Global Brands

Global Marketing of Services

Advertising,Promotion,and Sales

Pricing Strategies and Tactics

Global Distribution and Logistics

Social Networks and Communication

Leadership,Corporate Social Responsibility,and Sustainability

New Directions and Challenges

Filters