Firms that have substantial operations in more than one country are called correct answers global companies and multi-domestic firms
An international business correct answers is a business whose activities involve crossing national borders.
A multidomestic company is correct answers an organi...
firms that have substantial operations in more tha
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Firms that have substantial operations in more than one country are called correct answers global
companies and multi-domestic firms
An international business correct answers is a business whose activities involve crossing national
borders.
A multidomestic company is correct answers an organization with multicountry affiliates, each
of which formulates its own business strategy based on perceived market differences
The major globalization drivers include all of the following except: correct answers social
"According to opponents of the globalization of trade and investment," correct answers 1.
globalization has contributed to a decline in environmental and health conditions
2. globalization has produced uneven results across nations and people
3. globalization has had harmful effects on labor and labor standards
The domestic environment is composed of all the uncontrollable forces originating in the
__________ that surround and influence the life and development of the firm. correct answers
home country
Unconscious reference to one's own cultural values when judging behavioral actions of others in
a new and different environment is called: correct answers self-reference criterion
The three largest markets for American exports of goods are: correct answers Canada, Mexico,
China
Foreign investment includes the following components: correct answers portfolio and direct
investment
"In using GNP per capita as a basis for making comparisons of nations' economies,"
a. extreme care to avoid drawing unwarranted conclusions
b. realize statistical systems in many developing countries are deficient
c. realize the reliability of the data provided is questionable
d. all of the above correct answers d
These are reasons to enter foreign markets: correct answers just not guaranteed market
increase profits and sales or protect markets from competition
If Ecuador has an absolute advantage in coffee and Argentina in wheat, then, according to trade
theory:
, A. Ecuador should focus production on coffee and trade for wheat.
B. Ecuador would do well to produce its own coffee rather than import it from Bolivia.
C. Argentina should focus on producing wheat and trade for coffee.
D. all of the above. correct answers d
The International Product Life Cycle is a theory that explains correct answers the direction of
foreign trade and direct foreign investment
Economies of scale and the experience curve effect are important for international trade because:
correct answers most manufacturing, mining, and transportation are subject to community of
scale
"To sum up international trade theory, we can say that the primary reason for trade is:" correct
answers existence of price differentials among nations
International institutions that work to aid developing countries are: correct answers multilateral
and often worldwide
UN negotiated agreements often work because: correct answers Reputation of countries at stake,
no humiliation with compromise of a UN negotiation
Which is not true? The World Trade Organization is: correct answers funded by pro-trade unions
Trade benefits to poorer nations have been slower in developing than for richer nations because:
correct answers agricultural subsidies hit poorer nations very hard
OPEC formed as a result of: correct answers desire controls of pricing of numbers of resources
The major forms of economic integration include: correct answers free trade area, customs
union, common market
The purpose of NAFTA is: correct answers all of the above
The European Union is: correct answers largest developed nation trade ...
Most anthropologists agree: correct answers 1. culture is learned not innate
2. various aspects of culture are interrelated and shared
3. culture defines boundaries of different cultures
The belief by a society that its culture is superior to all others is called: correct answers
ethnocentricity
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