INTERNATIONAL BUSINESS 429 QUIZZES 1-5 WITH CORRECT ANSWERS
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INTERNATIONAL BUSINESS
INTERNATIONAL BUSINESS 429
QUIZZES 1-5 WITH CORRECT
ANSWERS
Which of the following is not one of the 4 biggest growth drivers
for the world's largest economies - CORRECT ANSWERMilitary Strength
Match these organizations with their primary roles in
globalization. - CORRECT ANSWER-The Worl...
which of the following is not one of the 4 biggest
which of the following is not an effect of foreign
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INTERNATIONAL BUSINESS 429
QUIZZES 1-5 WITH CORRECT
ANSWERS
Which of the following is not one of the 4 biggest growth drivers
for the world's largest economies - CORRECT ANSWER-
Military Strength
Match these organizations with their primary roles in
globalization. - CORRECT ANSWER-The World Bank :
Stabilizer
The International Monetary Fund : Advisor
The World Trade Organization : Broker/Negotiator
For the World Trade Organization, increasing trade barriers has
been one of the most simple ways to encourage trade and
globalization - CORRECT ANSWER-False
Which of the following are examples of Non-Governmental
Organizations (NGO's)? (CHECK ALL THAT APPLY) -
CORRECT ANSWER-Greenpeace and The Red Cross
Which of these are examples of Intergovernmental
Organizations (IGO's) (CHECK ALL THAT APPLY) -
CORRECT ANSWER-The United Nations, The World Trade
Organization, NATO, and The European Union
, Which of the following is NOT one of the principles of the World
Trade Organization? - CORRECT ANSWER-Providing short
term loans to developing countries
The term "Decoupling" means a world economy in which the
engines of growth could comprise several major industrialized
and emerging economies and not just a dependence on the
United States alone. - CORRECT ANSWER-True
Which of the following countries is NOT a part of the "BRIIC?" -
CORRECT ANSWER-Italy
Countries that import more than they export have a balance of
payments SURPLUS. - CORRECT ANSWER-False
Which of these statements is the most likely reason behind
China artificially pegging the Yuan to the Dollar? - CORRECT
ANSWER-To make its exports more attractive
Porter stresses the importance of domestic demand for goods
and services when determining a nation's competitive
advantage. When domestic demand remains high, the number
of suppliers will be low. - CORRECT ANSWER-False
Which of the following is not an example of socioeconomic
rationale for managed trade policy? - CORRECT ANSWER-
Governments declare that a specific industry is a national
treasure.
Ad Valorem Tariff is a tax on imports that are collected by a
designated government agency responsible for regulating
imports. - CORRECT ANSWER-True
Which of the following is not a benefit of International Trade? -
CORRECT ANSWER-Less competition
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