Mid Term International business

Mid Term International business - Mid Term Pool Question 1...

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Mid Term Pool
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Question 1 2 / 2 points The three largest markets for American exports of goods in 2007 were: a) Japan, the U.K., and China. b) Japan, Mexico, and the U.K. c) Canada, Mexico, and China. d) Canada, Japan, and the U.K. e) Japan, Mexico, and China. Question 2 2 / 2 points The extended family includes: a) employees and business connections. b) all blood relatives and relatives by marriage. c) all blood relatives. d) all blood relatives, employees and business connections. Question 3 2 / 2 points Bodies of water: a) separate markets. b) attract settlers. c) increase the cost of reaching markets. d) act as barriers to transportation and dividers of markets. Question 4 2 / 2 points The Foreign Corrupt Practices Act: a) has helped American exporters. b) was modeled after an English statue. c) is being enforced by the U.S. more vigorously than any other such law by other countries. d) none of the above. Question 5 2 / 2 points Country risk assessment a) would almost surely differ from country to country. b) must examine many types of risks to be meaningful and useful. c) A and B. d) is less and less used by international business. Question 6 0 / 2 points Government owned factors of production: a) do not always have profit as a main objective. b) all make money. c) all lose money. d) are models of efficiency.
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Question 7 2 / 2 points Mercantilists believed that: a) merchants should import goods to raise the level of living. b) governments should lower import duties. c) a nation should have an export surplus in order to accumulate gold. d) a nation should produce goods for which there is a comparative advantage. Question 8 2 / 2 points At the end of 2006, the value of the outstanding stock of foreign direct investment of all nations totaled more than: a) 500 billion dollars b) 1 trillion dollars c) 6 trillion dollars d) 12 trillion dollars e) 18 trillion dollars Question 9 2 / 2 points As described in the text, mastery, submission, and harmony are three values that can be used to describe a) connection to social networks. b) connection to the environment. c) an evolution of environmental thinking. d) all of the above. Question 10 0 / 2 points Even though a nation's GNI is small, if a small percentage of its population receives a large percentage of that income: a) it may be a good market for high-priced industrial products. b) it may be a good market for high-volume, low-priced consumer products. c) it may be a good market for low-volume, high-priced luxury products. d) B and C. Question 11 2 / 2 points The Italian tax authorities' approach to tax collection is: a) to negotiate a compromise between their very high income estimate and the taxpayer's very low declaration. b)
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This note was uploaded on 05/15/2011 for the course MGMT 338 taught by Professor Pendergrass during the Spring '10 term at Columbia College.

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Mid Term International business - Mid Term Pool Question 1...

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