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Unformatted text preview: the second largest holder of USA debt. B. China made about $54 billion in private American investments in 2012. C. China is currently taking a more patient approach to the shutdown of the US government. D. The Chinese government buys U.S. Treasury bonds out of political and economic necessity. Page 3 of 3 131017 B1 Week 2 Exam 1 ‐ KEY.docx BUS 350 – International Business – Paul McAfee Keuka College – ITEC – HCMC, Việt Nam October 17, 2013 International Business Week 2 Exam 1 – 100 points (10 points toward final grade). “Global Business Today” text chapters 1‐4 Full Name: CIRCLE YOUR CLASS: HC12 A HC12 B Keuka ID Number: Please complete the following 20 True/False or Multiple Choice questions by selecting one response for each question (total for True/False and Multiple Choice = 100 points). True/False 1. Folkways are the routine conventions of everyday life. TRUE 2. As transportation costs associated with the globalization of production decline, dispersal of producti...
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