Globus Final Exam Latest Questions with 100%
Correct Answers
Which of the following statements is FALSE regarding country risk? - ✔️✔️Its nature
varies over time and across nations
Which of the following statements is TRUE about practices of an infant industry? -
✔️✔️Such protection is easy to remove
An import license refers to a _____________. - ✔️✔️government authorization
granted to a firm for importing a product
A formal arrangement between two or more countries to reduce or eliminate
tariffs is known as a _____________. - ✔️✔️free trade agreement
A quantitative restriction on specific imports from a specific country for a set
period of time is referred to as __________________. - ✔️✔️investment barriers
_____________ is the seizure of corporate assets without compensation. -
✔️✔️confiscation
In a __________________ currency values are determined by market forces. -
✔️✔️Manipulated exchange rate system
___________________ is a condition in which a nation's exports exceed its
imports for a specific period of time. - ✔️✔️Trade deficit
, Host country income repatriation laws affects MNEs that earn profits in foreign
countries by ____________. - ✔️✔️restricting the amount of earned income being
reinvested in the foreign facility
______________ is the tendency of investors to mimic other's actions. -
✔️✔️Illusion Complex
____________ is the potential harm that arises from changes in the price of one
currency relative to another. - ✔️✔️Cross-cultural risk
Most easily convertible currencies are called _________________. - ✔️✔️hard
currencies
_____________ is an international agency that provides loans and technical
assistance to low and middle income countries with the goal of reducing poverty.
- ✔️✔️Bank of International Investments
Which of the following is characteristic of emerging markets? - ✔️✔️minimum
regulations
Demographic trends indicate that, in the coming two decades,
_________________. - ✔️✔️the spending power of middle-class households will
substantially decline.
The price of one currency expressed in terms of another is called the
_____________. - ✔️✔️Global ratio
Correct Answers
Which of the following statements is FALSE regarding country risk? - ✔️✔️Its nature
varies over time and across nations
Which of the following statements is TRUE about practices of an infant industry? -
✔️✔️Such protection is easy to remove
An import license refers to a _____________. - ✔️✔️government authorization
granted to a firm for importing a product
A formal arrangement between two or more countries to reduce or eliminate
tariffs is known as a _____________. - ✔️✔️free trade agreement
A quantitative restriction on specific imports from a specific country for a set
period of time is referred to as __________________. - ✔️✔️investment barriers
_____________ is the seizure of corporate assets without compensation. -
✔️✔️confiscation
In a __________________ currency values are determined by market forces. -
✔️✔️Manipulated exchange rate system
___________________ is a condition in which a nation's exports exceed its
imports for a specific period of time. - ✔️✔️Trade deficit
, Host country income repatriation laws affects MNEs that earn profits in foreign
countries by ____________. - ✔️✔️restricting the amount of earned income being
reinvested in the foreign facility
______________ is the tendency of investors to mimic other's actions. -
✔️✔️Illusion Complex
____________ is the potential harm that arises from changes in the price of one
currency relative to another. - ✔️✔️Cross-cultural risk
Most easily convertible currencies are called _________________. - ✔️✔️hard
currencies
_____________ is an international agency that provides loans and technical
assistance to low and middle income countries with the goal of reducing poverty.
- ✔️✔️Bank of International Investments
Which of the following is characteristic of emerging markets? - ✔️✔️minimum
regulations
Demographic trends indicate that, in the coming two decades,
_________________. - ✔️✔️the spending power of middle-class households will
substantially decline.
The price of one currency expressed in terms of another is called the
_____________. - ✔️✔️Global ratio
