BUSI BUCO 460 TEST 1.pdf - Question 1 2 out of 2 points (_)...

Question 1
2 out of 2 points
(_____) have been constructed to prevent
domestic companies from employing underage
workers — even in foreign countries.
Question 2
2 out of 2 points
The U.S. is home to some of th e world’s leading
hardware and software manufacturers.
Question 3
2 out of 2 points
(___________) is the official measure of total
output of goods and services in a nation’s
economy.
Question 4
2 out of 2 points
Multinational corporations (MNCs) are often
divided into three broad groups based on (___),
(____), and (_____).
Question 5
0 out of 2 points
Horizontal integration extends a firm's
competitive scope within the same industry by
performing production activities normally
provided by a supplier or distributor.
Question 6
0 out of 2 points

The (_________) was enacted to provide uniform
standards and rules of engagement to a growing
international trade market.
Question 7
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 8
2 out of 2 points
United States imports primarily come from the
following countries: China, Canada, Mexico, and
Germany.
Question 9
2 out of 2 points
The Industrial Revolution technically could be
traced to the invention of the telephone and the
telegraph in the late 1800s, it rose to the
forefront in the early 1970s with the advent of
the microprocessor.
Question 10
2 out of 2 points
(___), (___), and (____) are considerable
operational differences of global businesses from
that of domestic businesses.
Question 11
2 out of 2 points
(_______), increasing market audience, receiving
foreign direct investment are reasons

international trade is important to the United
States.
Question 12
2 out of 2 points
The (______) brought about the first efficient
forms of mass transportation using machine
power.
Question 13
2 out of 2 points
Diversified integration occurs when a firm
expands its business into different products that
are not similar to current lines.