PUZC (Pre Assessment) questions with complete solution study guide
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Course
PUZC
Institution
PUZC
PUZC (Pre Assessment)
Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? Ans: A. The new-force view*
B. The long-run historical view
C. The balanced surplus-deficit view
D. T...
PUZC (Pre Assessment)
Which view claims that the phenomenon of globalization was initially driven by the desire of
Western economies to exploit their power through multinational enterprises? Ans: A. The new-
force view*
B. The long-run historical view
C. The balanced surplus-deficit view
D. The pendulum view
Economic gains come from international trade because one country's exported goods, services, or
other items are unique, valuable, and difficult to duplicate to the importing country. Which view
does this statement portray? Ans: A. Institution-based view
B. Country-based view
C. City-based view
D. Resource-based view*
What is the aggregation of importing and exporting that leads to the country-level trade surplus
or deficit? Ans: A. Profit
B. Revenue
C. Balance of Trade*
D. Loss
What is a cost of foreign direct investment? Ans: A. Developing countries may be exploited by
multinational enterprises (MNE)*
B. Human rights firms may help labor force in host countries with multinational enterprise
(MNE) influence
C. Host countries welcome political interference by multinational enterprises (MNE) when
things are not in favor of the foreign company
D. Local government in host countries may promote corporate social responsibilities on behalf of
multinational enterprises (MNEs)
Which type of managerial capability is both challenging and difficult to imitate? Ans: A.
Duplicative capability
B. Intangible capability*
C. Factual capability
D. Dualistic Capability
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm?
Ans: A. Sustained competitive disadvantage
B. Sustained comparative advantage*
C. Sustained influence
D. Sustained leverage
, Which theory of international trade states that poor countries often experience faster rates of
economic growth compared to wealthy countries? Ans: A. The catch-up effect*
B. The sustainability effect
C. The income effect
D. The ratchet effect
What is the financial environment in which exchange rates and payments for goods and services
are conducted. Ans: A. Stock exchange
B. Intercontinental exchange
C. International monetary system
D. Commodity exchange*
What happens to a country's real exchange rate and nominal interest rate as the price level
increases, assuming all other factors are unchanged? Ans: A. Exchange rate appreciate, interest
rates decrease
B. Exchange rates depreciate, interest rates increase*
C. Exchange rates appreciate, interest rates increase
D. Exchange rates depreciate, interest rates decrease
What is the easiest method non-financial companies use to handle currency fluctuations? Ans:
A. Foreign direct investment
B. Commodity trading*
C. Export sales
D. Currency diversification
Which strategy minimizes the risk of unanticipated changes in future exchange rates? Ans: A.
Sensitivity analysis
B. Currency swap*
C. Speculation
D. Spot transaction
A company is looking for a location with an abundance of ground-breaking individuals, firms,
and universities. Which type of strategic goal is this company demonstrating? Ans: A.
Efficiency-seeking
B. Natural-resource seeking
C. Innovation-seeking*
D. Market-seeking
What advantage comes with not sharing benefits with late entrants? Ans: A. Early-mover
advantage
B. Laggard advantage
C. First-mover advantage*
D. Late-mover advantage
Which entry mode is a non-equity arrangement for a company contemplating entry into a foreign
market? Ans: A. Green-fields
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