Sample Midterm 1

Sample Midterm 1 - STUDENTS ARE ENCOURAGED TO TRY THE...

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STUDENTS ARE ENCOURAGED TO TRY THE "ONLINE QUIZZES' FOR  EACH CHAPTER OF THE TEXTBOOK GLOBAL BUSINESS TODAY THAT  CAN BE FOUND ON THE "STUDENT CENTRE" LINK OF THE TEXTBOOK WEBSITE. *Note: Due to the new edition of  Global Business  Today, page references may  not be accurate. OCTOBER MID-TERM EXAMINATION SAMPLE QUESTIONS CHAPTER ONE - GLOBALIZATION 1. Pepguys, Inc. is an auto parts distributing warehouse that exports many of its  products to consumers in other countries. Pepguys can be described as engaging in: A) cross-border investments B) international trade C) product development D) trading barriers Page 10 2. Which of the following was not an outcome of the Uruguary Round of the  GATT? A) established the World Trade Organization B) extended GATT to cover services as well as manufactured goods C) increased trade barriers D) provided extended protection for patents, trademarks, and copyrights Page 11 3. The average yearly outflow of FDI increased from about $25 billion in 1975 to  a record of ________ in 2000. A) $550 billion B) $73 billion C) $1.3 trillion D) $11.8 trillion Page 14
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4. _____________ is the theory that predicts that the power of microprocessor  technology doubles and the cost of production falls in half every 18 months. A) Moore's Law B) Brennan's Theorem C) Bailey's Law D) Ivan's Law Page 13 5. According to our textbook, by the year 2007 there may be ___________  Internet users worldwide. A) 350 million B) 791 million C) 1.04 billion D) 1.14 billion Page 14 6. In recent years, all of the following countries have seen their share of world  output increase except: A) Malaysia B) Germany C) China D) South Korea Page 20 7. The country that has received the greatest volume of inward FDI in recent  years has been ________. A) Britain B) South Korea C) China D) United States Page 24
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8. Since the 1960s, there have been two notable trends in the demographics of  the multinational enterprise. These two trends have been; A) the rise of non-U.S. multinationals and the disappearance of mini- multinationals B) the decline of non-U.S. multinationals and the decline of mini-multinationals C) the decline of non-U.S. multinationals and the growth of mini-multinationals D) the rise of non-U.S. multinationals and the growth of mini-multinationals Page 23 9. Critics use the following argument to suggest that globalization is a  contributing factor to an increase in pollution. A) globalization results in an increase in the amount of activity that takes place in 
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This note was uploaded on 04/17/2008 for the course BMOS 020 taught by Professor Mr. during the Spring '08 term at UWO.

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Sample Midterm 1 - STUDENTS ARE ENCOURAGED TO TRY THE...

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