WGU D080 Module Quizes
Nowadays, countries have joined different international organizations as well as regional organizations and have signed agreements to follow the organization's rules. This is due to______. *
Political globalization
General Motor in recent years have gradually moved its...
WGU D080 Module Quizes
Nowadays, countries have joined different international organizations as well as regional
organizations and have signed agreements to follow the organization's rules. This is due to______. *
Political globalization
General Motor in recent years have gradually moved its production facilities to Mexico and have
lowered the production cost significantly. This is a benefit brought by_________.
Economic globalization
Over many years, the Ireland government has made a consistent policy to maintain a low corporate
income tax rate for businesses. This has greatly attracted the foreign direct investment to Ireland and
promoted globalization. Which of the following globalization driver is related to the scenario?
Government driver
Which anti-globalization argument has been pushing Nike to improve its factory management on
workers' rights in the factories located in Indonesia and Vietnam?
Unethical practices of labor such as sweatshops
Which factor of CAGE analysis addresses differences in country's GDP level that affect trade?
Economics
Both being the member countries of the EU and the Euro zone, Germany and France have been each
other's important trading partners. Why it's easy for them to trade with each other
Because France and Germany have administration similarity on free trade agreement
Which of the following legal system usually is observed in an area without strong justice system?
Customary law
Under the COVID19 pandemic, a lot of individuals and small businesses are significantly impacted and
have been struggling. The U.S. government has issued 2 rounds of stimulus checks and offered small
business forgiveness loans to support this group. This reflects______.
Formation of international organizations
Which legal system is based on tradition and precedent given that judicial rulings can stand as
precedents for future cases?
Traditional economy
Which factor results in a faster development of globalization?
Mixed economy
Which type of economy contains a low standard of living, no surplus, and usually is observed in under-
developed areas of the world?
Common law system
What is a characteristic of the International Monetary Fund (IMF)?
, The IMF provides financial assistance to member nations with trade deficit issues.
What is a goal of the World Bank?
Help countries fight poverty and improve life quality
Citizens in an African country complain that a requirement from an international institution to cut
their government expenditure on the funded healthcare program due to the loans the nation gets
from that institution has significantly reduced their social benefits. This is related to which of the
following international institution?
The World Bank
T & M Computers is conducting international business operation in world areas, which have recently
undergone financial turmoil. Of the following, which organization is most likely to provide assistance
in providing global financial stability?
The International Monetary Fund
A newly elected leader has promised to improve the country's highways and airports so that it can
attract more foreign businesses to invest there. Which of the following institution can help this
country with the project?
The World Bank
Which of the following is the WTO criticized for?
The transparency requirement has hurt member nations' sovereignty
Which of the following would a mercantilist value the most?
A trade surplus
Brazil has better soil and climatic conditions and they can produce coffee beans cheaper than the
United States. This reflects_________of Brazil
Absolute advantage
The U.S. government plans to use a 25% tariff on tires imported from China. This will result
in_________.
Decreased consumer benefits
Free trade could result in__________________
Creation of sweat shops in countries with cheap labor
A Japanese company has been selling a product at an unreasonable low price in the German market.
The German government therefore uses a tariff on the import of this product. The reason for the
German government to do this is because of______________.
The dumping behavior made by the Japanese company
The French government recently found out that batteries imported from Vietnam has been causing
fires on vehicles and has decided to halt the import. This is a reflection of_________.
Health and safety
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