10. Slightly more than half of the exports from developing nations go to develop
ID: 2506054 • Letter: 1
Question
10. Slightly more than half of the exports from developing nations go to developed nations and
a. This proportion has been decreasing over the past 40 year
b. over 70% of exports from developed econmies go to other industrialized nations.
c. the portion of world trade accounted for by memebres of regional trade groups deceased from 1980 to 2011
d. onle (a) and (b) above
c. all of the above.
14. Anti Trust law
a. in the U.S. has per se violations where no harm has to be proven
b. in the EU and the U.S the focus of anti trust las is on the impact on consumers.
c. in the U.S. applies to canadian firms in their business activity in the U.S.
d. all of the above
e. only (a) and (c) above
16. The following would be considered a positive political force to a business:
a. government divesture of owernship of businesses
b. privatization
c. nationalism
d all of the above
e only (a) and (c) above
18. Under currency exchange controls,
a. the currecny's value is arbitrarily fixed by the governement and not market forces.
b. the currency's value is set at a rate lower than its value in the free market.
c. the currency is freely convertiable in the market.
d. onle (a) and (b) above
e. none of the above
True or False
3. A firm's size may at times give it bargaining power with the government of a country even thought it must comply with the country's law.
5. US exports have decreased as US foreign direct investment has increased.
8. Since WWII, economic integration has failed, largely because of nationalism.
9.Sustainable business is any business that potentialyl can operate at profit in a particular country bases upson the information acquired in a CRA
10. When you see that it costs 1.77 Swiss francs to buy one us dollar but only .70 of British pound, it clear that the British pound is a weaker currency than the Swiss france.
12. Britain's former prime Minister, Blair, pioneered what became a worldwide movement to privatize governmetn activites.
13. A chocie of forums provision is used in international contracts to indicate which court will hear the case.
14. Management has no control or influence over external forces.
15. Examining a problem in another culture using one's own cultural values frequently leads to bad decision making.
16. Even thought there has been a growth in regional trade organzitions, there has been a decrease in regional trade since the creation of the WTO.
17. All outsourcing involves transferring jobs to foreign country.
18. The only competitive strategy that has proven to be succesful for international firms is the global strategy.
Explanation / Answer
10)d. onle (a) and (b) above
14)e. only (a) and (c) above
16) b)privitization
18)d. onle (a) and (b) above
3)true
5)True
8)False
9)True
10)False
12)True
13)True
14)true
15)True
16)false
17)false
18)true
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