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TEST BANK For International Business Competing in the Global Marketplace, 14th Edition By Charles Hill| GRADE A+ $16.49
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TEST BANK For International Business Competing in the Global Marketplace, 14th Edition By Charles Hill| GRADE A+

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  • Course
  • International Business Competing
  • Institution
  • International Business Competing

TEST BANK For International Business Competing in the Global Marketplace, 14th Edition by Charles Hill| GRADE A+

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  • January 10, 2025
  • 1554
  • 2024/2025
  • Exam (elaborations)
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  • Edition:
  • International Business Competing
  • International Business Competing
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AcademicACHIEVER
, Chapter 01
Q Q




Globalization


TrueQ /Q FalseQ Questions


1. AQcompanyQdoes QnotQneedQaQlargeQsizeQto Qfacilitate,QandQbenefitQfrom, QtheQglobalizationQo
fQmarkets.

True False

2. Companies QhopeQtoQlowerQtheirQoverallQcostQstructureQorQimproveQtheQqualityQo
rQfunctionalityQofQtheirQproductQofferingQthroughQglobalizationQofQproduction.

True False

3. TheQ mostQ globalQ markets Q currentlyQ areQ markets Q forQ consumer Q products.

True False

4. OutsourcingQ isQaQprocess Q thatQisQlimitedQtoQ manufacturingQ enterprises.

True False

5. TheQWorldQBankQhasQfocusedQonQpolicingQtheQworldQtradingQsystemQandQmakingQsureQ
nation-statesQadhere QtoQtheQrulesQlaidQdownQinQtradeQtreaties.

True False

6. TheQWorldQBankQisQknownQasQtheQlenderQofQtheQlastQresort.

True False

7. OneQofQtheQUN'sQcentralQmandates QisQtheQpromotionQofQhigherQstandards QofQliving,Qfull
Qemployment, Qand Qconditions QofQeconomic Qand Qsocial Qprogress Qand Qdevelopment.



True False

8. TheQUruguayQRound,Qfinalized QinQDecember Q1993,Qreduced QprotectionQforQpatents,
Qtrademarks, Qand Qcopyrights.



True False

9. "BeggarQthyQneighbor"QretaliatoryQtradeQpoliciesQinvolvedQcountriesQprogressivelyQlower
ingQtradeQbarriersQagainstQeachQother,QwhichQcontributedQtoQtheQGreatQDepressionQofQtheQ
1930s.

True False

,10. RiversQInc.,QaQU.S.QbasedQsportsQapparelQmanufacturer, QsetsQupQaQproductionQunitQinQChina
Qto Qtake Qadvantage QofQthe Qlower Qlabor Qcosts Qthere. QThis Qis Qan Qexample QofQforeign Qdirect Qi

nvestment.

True False

11. WorldQBankQgivesQanQaidQofQ100QmillionQdollarsQtoQKenyaQforQcreatingQruralQhealthQcare
Qfacilities. QThis Qis Qan Qexample QofQforeign Qdirect Qinvestment.



True False

12. TheQloweringQofQbarriers QtoQinternational QtradeQenablesQfirmsQtoQviewQthe Qworld,Qrathe
rQthanQaQsingleQcountry,QasQtheirQmarket.

True False

13. AccordingQtoQWTOQdata,QtheQvolume QofQworldQmerchandiseQtradeQhasQgrownQfasterQthan
Qthe Qworld Qeconomy Qsince Q1950.



True False

14. TheQcostQofQmicroprocessors Qcontinues QtoQfall,QwhileQtheirQpowerQincreases.QThi
sQstatementQsupports QtheQpredictions Qmade QbyQMoore'sQLaw.

True False

15. Non-
U.S.QfirmsQincreasinglyQbeganQtoQinvestQacrossQnationalQbordersQbecauseQtheyQwanted QtoQdi
sperseQproductionQactivities QtoQoptimalQlocations QandQtoQbuildQaQdirectQpresenceQinQmajorQ
foreignQmarkets.

True False

16. AQcurrentQtrendQinQinternational QbusinessQisQtheQdeclineQofQmedium-
sizedQandQsmallQmultinationals, Qknown QasQmini-multinationals.

True False

17. TheQglobalizationQofQtheQworldQeconomy QhasQresultedQinQaQrelativeQincreaseQinQth
eQdominance QofQU.S.QfirmsQinQtheQglobalQmarketplace.

True False

18. DoingQ businessQinQRussiaQ involves QrisksQbecauseQ theQ countryQ hasQshownQ signsQofQ shifting
Qback Qtoward Qgreater Qstate Qinvolvement QinQeconomic Qactivity Qand Qauthoritarian Qgovernm

ent.

True False

19. GlobalizationQcriticsQargueQthatQtheQdeclineQinQunskilledQwageQratesQisQdueQtoQtheQmigratio
nQofQlow-
wageQmanufacturing QjobsQoffshoreQandQaQcorrespondingQreductionQinQdemandQforQunskilled
Qworkers.



True False

, 20. EvidenceQsuggestsQthatQtechnological Qchange QhasQhadQaQbiggerQimpact QthanQglobalizationQ
onQtheQdecliningQshareQofQnationalQincome QenjoyedQbyQlabor.

True False

21. AccordingQtoQsupporters QofQfreeQtrade,QasQcountries QgetQricherQtheyQcommitQgreate
rQviolationQofQenvironmental QandQlaborQregulations.

True False

22. AccordingQtoQcriticsQofQglobalization,Qtoday'sQinterdependent QglobalQeconomyQlimitsQa
Qnation's Qnational Qsovereignty.



True False

23. Supporters QofQdebtQreliefQargue QthatQnewQdemocraticQgovernments QinQpoorQnationsQshould
Qnot Qbe Qforced Qto Qhonor Qdebts Qincurred Qby Qcorrupt Qand Qdictatorial Qpredecessors.



True False

24. AQfirmQdoesQnotQhave QtoQbecomeQaQmultinational QenterpriseQtoQengage QinQinternational
Qbusiness.



True False

25. Managing QanQinternationalQbusinessQisQmuchQeasierQthanQmanaging QaQdomesticQbusiness.

True False




MultipleQChoiceQQuestions


26. TheQshiftQtowardQaQmoreQintegratedQandQinterdependent QworldQeconomy QisQreferredQtoQas
.


A. outsourci
Qng

B. international
Qmarketing

C. privatizatiQ
on
D. globalizati
Qon

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