Chapter 1-4 Multiple Choice

Chapter 1-4 Multiple Choice - Chapter 01 Globalization and...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 01 Globalization and International Linkages 1. To qualify as a multinational corporation, a firm must meet all of the following criteria except: A. Operations in more than one country B. International sales C. A nationality mix of managers and owners D. Sales of at least one million dollars per year 2. Antiglobalization activists: A. Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damage B. Believe globalization will force higher-polluting countries such as China and Russia into an integrated global community that takes responsible measures to protect the environment C. Assert that if corporations are free to locate anywhere in the world, the world's poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with it D. Believe that industrialization will create wealth that will enable new industries to employ more modern, environmentally friendly technology 3. A method which adjusts GDP to account for different prices in countries is called: A. Cumulative distribution function B. Nominal GDP C. Current currency exchange rate D. Purchasing power parity 4. The following are characteristics of the nature of India's current relationship with multinational business except: A. In recent years the number of multinational businesses investing in India have been sharply declining B. There has been a dramatic turnaround in the policies of India's government, which has become more pro international business C. In an effort to attract more international business, India's government has been willing to reduce some of its bureaucratic red tape D. It is becoming easier for multinational to move forward with investments in India 5. The Goldman Sachs global economics team: A. Estimates that Chile will occupy a dominant role in the global economic system and will surpass the United States in output by 2035 B. Reports that the economic potential of Brazil, Russia, India and China is such that they may become among the four most dominant economies by the year 2050 C. Estimates that the BRIC economies' share of world growth could rise from 40 percent in 2000 to more than 70 percent in 2025 D. Reports that Germany, followed by India a decade later, will overtake the United States as the world's largest car market 6. Which of the following statements is false with regard to a mixed economy?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
A. Regulations concerning minimum wage standards, social security, environmental protection and the advancement of civil rights may raise the standard of living B. Ownership of organizations seen as imperative to the nation may be transferred to the state to subsidize costs and allow the firm to flourish C. Regulations concerning minimum wage standards, social security, environmental protection and the advancement of civil rights ensure that those who are elderly, sick or have limited skills
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/17/2011 for the course MNGT 420 taught by Professor Dr.cater during the Spring '11 term at Nicholls State.

Page1 / 7

Chapter 1-4 Multiple Choice - Chapter 01 Globalization and...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online