20070920141914562

20070920141914562 - ] w Q`w E Q B e m` w...

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w w e m w Q lnxingyuanyuan@hotmail.com 2007 n 9 n 1
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Fill in the Blanks ( each blank 1 score) 1 Globalization refers to the shift toward a more integrated and__________ world economy. 2 The three main components of globalization are __________, __________,and __________. 3 According to Dunning, FDI will occur when three conditions, which are __________ , __________ ,and __________ ,are satisfied. 4 Alexander Hamilton, the first U.S. Secretary of the Treasury, articulated the __________ argument in 1971. 5 The Achilles’ heel of Bretton Woods system is the __________. 6 __________ is the foundation of the legal systems in the United Kingdom and its former colonies, including the US, Canada, Australia, India, New Zealand,etc. 7 International investment is divided into FDI and __________. 8 The “ four C’s ” that constitute the context of a negotiation process include __________,__________,__________,and __________. Multiple Choice Questions ( each questions 1 score) 1 __________ occurs when a firm invests resources in business activities outside its home country. A) International diversification B) Foreign direct investment C) Cross-national investment D) Transnational commerce 2 Companies such as Honda, 3M, and Nestle have operations in two or more countries. These types of firms are commonly referred to as __________ enterprises. A) multinational B) cross-boarder C) worldwide D) diverse-national 3 In general, supporters of globalization argue that free trade benefits __________ that adhere to a free trade regime. A) all but the largest countries B) all countries C) all but the smallest countries D) all but the countries with the highest wage rates 4 China, France, and the United States all have unique political, economic, and legal systems. A country's political, economic, and legal system is collectively referred to as its __________ economy. A) administrative B) political C) civic D) official 5 When collectivism is emphasized: A) the needs of society as a whole are generally viewed as being more important than individual freedoms B) the interests of the individual take precedence over the interests of the state C) one person or political party exercises absolute control over all spheres of human life D) the needs of society and the needs of individuals are equally balanced 6 In a pure __________ economy all productive activities are privately owned, as opposed to being owed by the state. A) command B) state-directed C) mixed D) market 7 A __________ grants the inventor of a new product to process exclusive rights for a defined period to the 2
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manufacture, use, or sale of that invention. A) trademark B) intellectual property certificate C) patent D) copyright 8 Adam Smith advanced the theory of: A) absolute advantage B) ethnocentrism C) similar opportunity D) mercantilism 9 The flaw with mercantilism was that it viewed trade as a: A) threat to a government’s independence B) zero-sum game C) non essential economic activity D) economic necessity
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20070920141914562 - ] w Q`w E Q B e m` w...

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