mgmt 330 ch 3 - International Business...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
International Business, 13e (Daniels/Radebaugh/Sullivan) Chapter 4 The Economic Environment 1) The recent global economic crisis has led to which of the following? A) governments seeking to impose more constraints on capitalism B) governments seeking to eliminate constraints on capitalism C) governments seeking to increase the interdependence of developing economies D) governments seeking to eliminate the interdependence of developing economies Answer: A Diff: 2 Page Ref: 135 Skill: Concept Objective: STUDY QUESTION 4.1: What are the benefits of international economic analysis? 2) Income, purchasing power, market size, and market type are all key elements of a(n) ________. 3) From the 1980s to the most recent global economic crisis, which of the following was the economic trend? 4) There is no universal scheme to assess the performance and potential of a country's economic environment due to three conditions. Which of the following is one of those conditions?
Image of page 1

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

View Full Document Right Arrow Icon
Image of page 2
5) Gross national income (GNI), the broadest measure of economic activity for a country, is defined as ________. A) the total of all consumption and investment that takes place in a national economy B) the income generated in one country, regardless of who owns the productive assets C) the total of all economic activity in one country less services, such as government administration, health services, and education D) the income generated by both total domestic production and the international production activities of national companies Answer: D Diff: 1 Page Ref: 137 Skill: Concept Objective: STUDY QUESTION 4.2: What are GNI and GDP?
Image of page 3

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

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern