Question 1

One way around having your intellectual property copied (such as software)because of easy access is to sell:

Accepted Answer

A) demos. 
B) to new markets. 
C) to governments. 
D) upgrades or ancillary products. 
E) only to a chosen few. 
A) demos. 
B) to new markets. 
C) to governments. 
D) upgrades or ancillary products. 
E) only to a chosen few.

Question 2

New centers of innovative activity include which countries?

Accepted Answer

A) Ireland 
B) Israel 
C) Singapore 
D) Taiwan 
E) All of the above 
A) Ireland 
B) Israel 
C) Singapore 
D) Taiwan 
E) All of the above

Question 3

According to the textbook,Japan was expected to be ranked number _______ on the 2005 Country Innovativeness Ranking.

Accepted Answer

A) one 
B) two 
C) three 
D) four 
E) five 
A) one 
B) two 
C) three 
D) four 
E) five

Question 4

A monetary union represents the fourth level of integration with a single common
currency among politically independent countries.

Accepted Answer

A) True 
 B)False

Question 5

The world's largest importing country is the U.S.

Accepted Answer

A) True 
 B)False

Question 6

As of December 11,2005,the World Trade Organization (WTO)had 149 member
countries.

Accepted Answer

A) True 
 B)False

Question 7

The World Economic Forum's Global Competitiveness Report placed two Asian Tigers (Taiwan and Singapore)among the world's top ______
Economies (along with the Finland,United States,Sweden,Denmark,Iceland,
Switzerland,Norway,and Australia).

Accepted Answer

A) five 
B) ten 
C) twenty 
D) twenty-five 
E) thirty 
A) five 
B) ten 
C) twenty 
D) twenty-five 
E) thirty

Question 8

It has been suggested that cooperative inter-relationships between countries (regional groupings)can be classified into five broad categories.Briefly summarize and describe each of these categories and indicate differences that may be present.

Accepted Answer

a.Free Trade Area.This form has a higher

Question 9

In 2004,the global annual trade in goods and services amounted to $____________.

Accepted Answer

A) $500 billion. 
B) $800 billion. 
C) $1 trillion. 
D) $8 trillion. 
E) $11 trillion. 
A) $500 billion. 
B) $800 billion. 
C) $1 trillion. 
D) $8 trillion. 
E) $11 trillion.

Question 10

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Accepted Answer

A) first 
B) second 
C) third 
D) fourth 
E) fifth 
A) first 
B) second 
C) third 
D) fourth 
E) fifth

Question 11

Global economy is becoming more ____________________.

Accepted Answer

A) regional. 
B) local. 
C) isolated. 
D) transnational. 
E) intertwined. 
A) regional. 
B) local. 
C) isolated. 
D) transnational. 
E) intertwined.

Question 12

To improve on GATT the WTO was established.Explain what the WTO is,how it is different from GATT,and what specific functions the WTO is expected to perform.

Accepted Answer

The World Trade Organization (the WTO)is

Question 13

The WTO Work Program on _____________________ is in the process of defining the trade-related aspects of ___________________ that would fall under the
Parameters of WTO mandates.

Accepted Answer

A) business commerce 
B) electronic commerce 
C) equity commerce 
D) network commerce. 
E) network commerce 
A) business commerce 
B) electronic commerce 
C) equity commerce 
D) network commerce. 
E) network commerce

Question 14

In the country competitiveness report in 2008/09,three of the top ten countries are from _________________ countries.

Accepted Answer

A) South American 
B) African 
C) Asian 
D) Nordic 
E) None of the 
A) South American 
B) African 
C) Asian 
D) Nordic 
E) None of the

Question 15

An example of a free trade area would be:

Accepted Answer

A) the European Union. 
B) the Soviet Union. 
C) the United Kingdom. 
D) NAFTA. 
E) the United Nations. 
A) the European Union. 
B) the Soviet Union. 
C) the United Kingdom. 
D) NAFTA. 
E) the United Nations.

Question 16

Two-thirds of world trade in goods and services is controlled by multinational
companies.

Accepted Answer

A) True 
 B)False

Question 17

The Free Trade Areas of the Americas (FTAA)was proposed in __________________.

Accepted Answer

A) December 1994. 
B) December 1995. 
C) December 1996. 
D) December 1997. 
E) December 1998. 
A) December 1994. 
B) December 1995. 
C) December 1996. 
D) December 1997. 
E) December 1998.

Question 18

A free trade area (FTA)is a formal agreement among two or more countries to
reduce or eliminate customs duties and nontariff trade barriers among partner
countries.

Accepted Answer

A) True 
 B)False

Question 19

In 2008/2009 Country Competitiveness Report,5 of the top 10 countries are Asian countries.

Accepted Answer

A) True 
 B)False

One way around having your intellectual property copied (such as software)because of easy access is to sell:

New centers of innovative activity include which countries?

According to the textbook,Japan was expected to be ranked number _______ on the 2005 Country Innovativeness Ranking.

A monetary union represents the fourth level of integration with a single common currency among politically independent countries.

The world's largest importing country is the U.S.

As of December 11,2005,the World Trade Organization (WTO)had 149 member countries.

The World Economic Forum's Global Competitiveness Report placed two Asian Tigers (Taiwan and Singapore)among the world's top ______ Economies (along with the Finland,United States,Sweden,Denmark,Iceland, Switzerland,Norway,and Australia).

It has been suggested that cooperative inter-relationships between countries (regional groupings)can be classified into five broad categories.Briefly summarize and describe each of these categories and indicate differences that may be present.

In 2004,the global annual trade in goods and services amounted to $____________.

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Global economy is becoming more ____________________.

To improve on GATT the WTO was established.Explain what the WTO is,how it is different from GATT,and what specific functions the WTO is expected to perform.

The WTO Work Program on ___ is in the process of defining the trade-related aspects of _ that would fall under the Parameters of WTO mandates.

In the country competitiveness report in 2008/09,three of the top ten countries are from _________________ countries.

An example of a free trade area would be:

Two-thirds of world trade in goods and services is controlled by multinational companies.

The Free Trade Areas of the Americas (FTAA)was proposed in __________________.

A free trade area (FTA)is a formal agreement among two or more countries to reduce or eliminate customs duties and nontariff trade barriers among partner countries.

In 2008/2009 Country Competitiveness Report,5 of the top 10 countries are Asian countries.

Globalization Imperative

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

Exam 2: Economic Environment

One way around having your intellectual property copied (such as software)because of easy access is to sell:

New centers of innovative activity include which countries?

According to the textbook,Japan was expected to be ranked number _______ on the 2005 Country Innovativeness Ranking.

A monetary union represents the fourth level of integration with a single common currency among politically independent countries.

The world's largest importing country is the U.S.

As of December 11,2005,the World Trade Organization (WTO)had 149 member countries.

The World Economic Forum's Global Competitiveness Report placed two Asian Tigers (Taiwan and Singapore)among the world's top ______ Economies (along with the Finland,United States,Sweden,Denmark,Iceland, Switzerland,Norway,and Australia).

It has been suggested that cooperative inter-relationships between countries (regional groupings)can be classified into five broad categories.Briefly summarize and describe each of these categories and indicate differences that may be present.

In 2004,the global annual trade in goods and services amounted to $____________.

A monetary union represents the ____________ level of integration with a single common currency among politically independent countries.

Global economy is becoming more ____________________.

To improve on GATT the WTO was established.Explain what the WTO is,how it is different from GATT,and what specific functions the WTO is expected to perform.

The WTO Work Program on _____________________ is in the process of defining the trade-related aspects of ___________________ that would fall under the Parameters of WTO mandates.

In the country competitiveness report in 2008/09,three of the top ten countries are from _________________ countries.

An example of a free trade area would be:

Two-thirds of world trade in goods and services is controlled by multinational companies.

The Free Trade Areas of the Americas (FTAA)was proposed in __________________.

A free trade area (FTA)is a formal agreement among two or more countries to reduce or eliminate customs duties and nontariff trade barriers among partner countries.

In 2008/2009 Country Competitiveness Report,5 of the top 10 countries are Asian countries.

Globalization Imperative

Financial Environment

Global Cultural Environment and Buying Behavior

Political and Legal Environment

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

The WTO Work Program on ___ is in the process of defining the trade-related aspects of _ that would fall under the Parameters of WTO mandates.