Test 1.docx - Question 1 2 out of 2 points occurs when a...

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Question 1 2 out of 2 points (___) occurs when a firm expands its business into different products that are not similar to current lines.
Question 2 2 out of 2 points (______) has emerged as a cost-leading manufacturer of products ranging from consumer goods to industrial equipment.
Question 3 2 out of 2 points The rank of the top five countries (largest to smallest) by GDP as of 2015 are as follows: United States, China, Germany, Japan, and United Kingdom.
Question 4 2 out of 2 points (____) is the information that a candidate possesses in the area of given disciplines.
Question 5 2 out of 2 points The North American Free Trade Agreement was enacted to provide uniform standards and rules of engagement to a growing international trade market.
Question 6 2 out of 2 points Improvement in transportation, advances in communications technology, and trade- friendly legislation have all contributed to the desire to produce a seamless global economy.
Question 7 2 out of 2 points (______) and (______) consistently rank as two of the leading suppliers to the United States, making up over 25 percent of total trade to the U.S.
Answer: Mexico Question 8 2 out of 2 points Significant fluctuations in (__________) can reduce the actual value of each dollar that a foreign investor has vested in his or her foreign portfolio, potentially prompting the investor to withdraw from a market entirely.
Question 9 2 out of 2 points The (_________) is home to some of the world’s leading hardware and software manufacturers.
Question 10 2 out of 2 points (_______), increasing market audience, receiving foreign direct investment are reasons international trade is important to the United States.
Question 11 2 out of 2 points Which of the following is not one of the ways political risks can be classifies?
Question 12 2 out of 2 points Ownership control risk can be defined as the risk of monetary losses resulting from inadequate or failed internal processes, people, and systems.
Question 13 2 out of 2 points The (______) heralded the introduction of mass production, improved transportation, technological progress, and the industrial factory system.

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