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C211 Second OA quizzes Exam with 100% Correct Answers 2024
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C211 Second OA quizzes Exam with 100% Correct Answers 2024
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C211 Second OA quizzes Exam with 100%Correct Answers 2024
The .term ."emerging .economies" .has .replaced .the .term ._____. .- .(correct .answer) .-
Developing .countries
The .gross .domestic .product .plus .the .income .from .non-resident .sources .abroad .gives
.the .____. .- .(correct .answer) .-gross .national .product
More .than .25% .of .global .GDP .comes .from ._____. .- .(correct .answer) .-BRICS
.countries
Viewing .the .global .economy .as .a .pyramid, .the .Triad .refers .to ._____. .- .(correct
.answer) .-North .America, .Western .Europe, .and .Japan
People .who .earn ._____ .a .year .comprise .the .base .of .the .global .economic .pyramid. .-
.(correct .answer) .-less .than .$2,000
Which .of .the .following .would .be .an .example .of .a .top .down .innovation? .- .(correct
.answer) .-Lowering .prices .and .features .of .existing .products .to .meet .emerging .market
.needs
Which .of .the .following .is .true .of .the .Group .of .20 .(G-20)? .- .(correct .answer) .-It .only
.has .19 .member .countries.
Which .of .the .following .does .the .institution-based .view .of .global .business .lay
.emphasis .on? .- .(correct .answer) .-Understanding .the .laws .and .values .of .the .firm's
.host .nation.
The .resource-based .view .of .global .business .differs .from .the .institution-based .view .of
.global .business .in .that .the .resource-based .view ._____. .- .(correct .answer) .-focuses
.on .the .internal .strengths .on .the .firm
The .liability .of .foreignness .is .the .inherent .disadvantage .faced .by ._____. .- .(correct
.answer) .-foreign .firms .in .host .nations .due .to .their .non-native .status
,Which .of .the .following .is .true .of .globalization .according .to .the ."new .force"
.perspective? .- .(correct .answer) .-It .is .a .western .ideology .focused .on .exploiting .and
.dominating .the .world .through .MNEs
The .concept .of ._____ .suggests .that .barriers .to .market .integration .at .borders .are
.high, .but .not .high .enough .to .completely .insulate .countries .from .each .other. .- .(correct
.answer) .-Semiglobalization
The .strategy .of .treating .each .country .as .a .unique .market .and .in .total .isolation .is
.referred .to .as ._____. .- .(correct .answer) .-Localization
MNEs .from .the .Triad .dominate .the .list .of .the .500 .largest .MNEs; .their .share .has .been
._____. .- .(correct .answer) .-Shrinking
A .conversion .that .determines .the .equivalent .amount .of .goods .and .services .that
.different .currencies .can .buy .is .known .as ._____. .- .(correct .answer) .-purchasing
.power .parity
Which .of .the .following .countries .would .be .characterized .as .an .emerging .economy? .-
.(correct .answer) .-Brazil
Which .of .the .following .countries .is .represented .in .the .Triad .of .the .global .economic
.pyramid? .- .(correct .answer) .-Japan
People .who .earn ._____ .a .year .comprise .the .base .of .the .global .economic .pyramid. .-
.(correct .answer) .-less .than .$2,000
A ._____ .is .defined .as .an .innovation .that .is .adopted .first .in .emerging .economies .and
.then .diffused .around .the .world. .- .(correct .answer) .-reverse .innovation
The ._____ .view .suggests .that .the .success .and .failure .of .firms .are .largely .determined
.by .their .environments. .- .(correct .answer) .-institution-based
The ._____ .view .of .global .business .focuses .on .internal .factors .that .can .help .a .firm
.overcome .its .external .environment. .- .(correct .answer) .-resource-based
Which .of .the .following .is .true .of .globalization .according .to .the ."pendulum .view"
.perspective? .- .(correct .answer) .-Globalization .is .a .not .a .one-directional .phenomenon
The .concept .of ._____ .suggests .that .barriers .to .market .integration .at .borders .are
.high, .but .not .high .enough .to .completely .insulate .countries .from .each .other. .- .(correct
.answer) .-semiglobalization
_____ .is .the .strategy .of .treating .the .entire .world .as .one .market. .- .(correct .answer) .-
Standardization
, Protectionism .is .similar .to .mercantilism .as .they .both .advocated ._____. .- .(correct
.answer) .-government .involvement .in .international .trade
The ._____ .principle .advocated .that .governments .should .actively .protect .domestic
.industries .from .imports .and .vigorously .promote .exports. .- .(correct .answer) .-
Protectionism
Which .of .the .following .is .a .modern .trade .theory? .- .(correct .answer) .-National
.competitive .advantage
Which .of .the .following .trade .theories .divides .the .nations .of .the .world .into .three
.categories? .- .(correct .answer) .-Product .life .cycle
Which .of .the .following .was .the .first .international .trade .theory .to .account .for .changes
.in .the .patterns .of .trade .over .time? .- .(correct .answer) .-Product .life .cycle .theory
In .the .third .stage .of .the .product .life .cycle .theory, .the ._____. .- .(correct .answer) .-
product .is .standardized
Which .of .the .following .describes .resource .mobility .as .assumed .by .the .classical
.theories .of .international .trade? .- .(correct .answer) .-It .is .the .assumption .that .a
.resource .used .in .producing .a .product .for .one .industry .can .be .shifted .and .put .to .use
.in .another .industry
The .theory .of .comparative .advantage ._____. .- .(correct .answer) .-explains .patterns .of
.trade .based .on .factor .endowments
Deadweight .costs .are .net .losses .that .occur .when ._____ .are .imposed. .- .(correct
.answer) .-import .tariffs
_____ .are .government .payments .to .domestic .firms. .- .(correct .answer) .-Subsidies
Which .of .the .following .is .true .of .voluntary .export .restraints? .- .(correct .answer) .-It .is
.an .export .quota .levied .by .a .country .on .the .quantity .of .its .exports.
_____ .are .tariffs .levied .on .imports .sold .below .costs .to .drive .domestic .firms .out .of
.business. .- .(correct .answer) .-Antidumping .duties
FPI .refers .to .the ._____. .- .(correct .answer) .-investment .in .a .portfolio .of .foreign
.securities .that .do .not .entail .the .active .management .of .foreign .assets
A .vertical .FDI .refers .to .a .type .of .FDI .in .which ._____. .- .(correct .answer) .-a .firm
.moves .upstream .or .downstream .at .different .value .chain .stages .in .a .host .country
_____ .refers .to .the .total .accumulation .of .inbound .FDI .in .a .country .or .outbound .FDI
.from .a .country. .- .(correct .answer) .-FDI .stock
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