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Test Bank for Global Business Today, 12th Edition by Charles Hill $39.99   Add to cart

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Test Bank for Global Business Today, 12th Edition by Charles Hill

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Test Bank for Global Business Today 12e 12th Edition by Charles Hill. ISBN-13: 7503 Full Chapters test bank PART ONE Introduction and Overview Chapter One Globalization PART TWO National Differences Chapter Two National Differences in Political, Economic, and Legal Systems Chapter T...

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  • May 1, 2022
  • May 11, 2023
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CHAPTER 01 12e
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) In the past ten years, increasing barriers to cross-border trade have made it harder for
businesses to sell internationally.
⊚ true
⊚ false


2) To truly benefit from globalization, a firm needs to be a multinational conglomerate
rather than a small or mid-size company.
⊚ true
⊚ false


3) In today’s marketplace, outsourcing efforts are confined to manufacturing activities.
⊚ true
⊚ false


4) Transportation costs and the managerial challenge of coordinating a globally dispersed
supply chain are just two of the impediments companies face when trying to achieve optimal
dispersion of their products between countries.
⊚ true
⊚ false


5) The WTO polices the world trading system and without this organization, the
globalization of markets might not be where it is today.
⊚ true
⊚ false


6) Foreign direct investment (FDI) occurs when a firm invests resources in business
activities outside its home country.
⊚ true
⊚ false


7) The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression.


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