Exam (elaborations)
BUSI 604 Test 1 (Set-5), Questions And Answers, Liberty University
- Course
- Institution
BUSI 604 Test 1 (Set-5), Questions And Answers, Liberty University
[Show more]
Seller
Follow
QUIZSCORE
Reviews received
Content preview
BUSI 604 Test 1 Question 1
0 out of 2 points
(______) and (______) consistently rank as two of the leading
suppliers to the United States, making up over 25 percent of total
trade to the U.S.
Selected Answer: China; Mexico
Correct Answer: Mexico and Canada
Question 2
2 out of 2 points
(_____) have been constructed to prevent domestic companies from
employing underage workers—even in foreign countries.
Selected Answer: U.S. labor laws
Question 3
2 out of 2 points
The rank of the top five countries (largest to smallest) by GDP as of
2015 are as follows: United States, China, Germany, Japan, and
United Kingdom.
Selected Answer: False
Question 4
2 out of 2 points
(___________) is the official measure of total output of goods and
services in a nation’s economy.
Selected Answer: Gross Domestic Product (GDP)
Question 5
2 out of 2 points
, Foreign direct investment allows domestic firms to receive capital
financing from foreign entities.
Selected Answer: True
- The U.S is home to some of the world’s leading agricultural and
auto manufacturers (False)
- The growth of modern globalization began towards the end of the
twentieth century, mainly among the nations that are today
developed or developing (False)
- Modern trade history began with the exploration of the Western
Hemisphere by Christopher Columbus in 1492 (true)
- Starting in Phoenicia, historical records indicate a steady
progression of trade throughout the middle east, aaaafrica, Europe,
and Asia (True)
- An example of inbound foreign direct investment includes the
2002 acquisition of Equilon Enterprises by Royal Dutch/Shell of
the Nerherlands and Saudi Aramco of Saudi Arabia (True)
- ISO standards specify the requirements for state-of-the-arts
products, services, processes materials and systems, to provide a
good conformity assessment that manger can use in their practices
(True)
- A desirable skill in d global manager is the ability to manage cross-
culture relationships (True)
- GPD is the official measure of total output of goods and services in
a nation’s economy (True)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QUIZSCORE. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83430 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now