Spring_2008_Test_1_Chap_1_to_4_STUDENT_V

Spring_2008_Test_1_Chap_1_to_4_STUDENT_V - IB 303 Test 1...

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IB 303 Test # 1 Spring 2008 PENN STATE BERKS IB303.001 TEST # 1 SPRING 2008 CHAPTERS 1 THROUGH 4 GENERAL INSTRUCTIONS ____________________________ Y O U R N A M E This is a take home test. Feel free to use classroom notes and the text. Each True/ False and Multiple Choice question is worth 2 points; total value of 50 points. For each of the questions you are to select the response that BEST answers the question. Some responses might be technically correct but they are not the Best answer. Your responses should be entered on the Answer Sheet below. In addition to the questions contained in this exam, you are to complete any two of the first four essay questions. Each essay question is worth 20 points. You are also required to answer the final essay question which is worth 10 points. The essay questions are to be typed and they are to reflect critical thinking on your part. You have plenty of time to compose logical responses. Please be sure to place your name on each sheet. All exams must be submitted to me on or before February 25 th . ANSWER SHEET 1 6 11 16 21 2 7 12 17 22 3 8 13 18 23 4 9 14 19 24 5 10 15 20 25
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IB 303 Test # 1 Spring 2008 Fall 2006 Test 1 Chapter 1 to 4 PART I TRUE / FALSE 1. The expansion of world trade implies that nations are becoming less dependent on each other for important goods and services. 2. According to supporters of free trade, as countries get richer they enact tougher environmental and labor regulations. 3. It is not possible to have democratic societies that emphasize a mix of collectivism and individualism. 4. Judges under a civil law system have less flexibility than those under a common law system. 5. A democracy is essential for economic growth. 6. In most situations, one can characterize a country as having a single homogeneous culture. 7. Guanxi is an important mechanism for building long-term relationships and getting business done in China. 8. As evidenced by the number of people around the world who wear jeans and eat at McDonald's, American values are being adopted across the globe. 9. The tragedy of the commons occurs when a resource held in common by all, but owned by no one, is overused by individuals, resulting in its degradation. PART II MULTIPLE CHOICE 10. As a result of __________, a company such as IBM can build the case, keyboard and hard drive for its product in one country, build the wireless card in a second country, the microprocessor in a third country, and assemble it in still another country. a. the globalization of markets b. the globalization of technology c. the globalization of production d. the globalization of firms
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IB 303 Test # 1 Spring 2008 11. _______ are the two macro factors that seem to underlie the trend toward greater globalization. a. The increase in global economic stability, and the slowdown in technological change
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Spring_2008_Test_1_Chap_1_to_4_STUDENT_V - IB 303 Test 1...

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