The representative from Business A is most likely from ______. United Kingdom The representative from Business B is most likely from ______. Japan The representative from Business C is most likely from ______. Brazil 20. Although born global firms may not have a lot of financial, human, and other tangible resources, they have still been able to grow internationally Why is this? globalization has made doing international business easier than ever before 21. A countervailing duty slows the import of products or services and hinders the investment activities of firms. False 22. The IMF and the World Bank seldom work together False 23. With a global strategy, headquarters seeks substantial control over its country operations in order to minimize redundancy and achieve maximum efficiency, learning, and integration worldwide. True 24. Countries all have different amounts of the factors of production for any industry. Factor proportions theory holds that these differences are not the main determinants of a nation's patterns of trade, but rather it is the efficiency of production is the sole determinant False 25. In nations undergoing economic development the level of political risk internationalizing firms must deal with tends to be lower than it is in countries that are already significantly industrialized, False 26 . Gyron Inc is a software development company headquartered in Montreal, Canada. The owner, founder and Chief Executive Officer Amanda Gupta is a visionary type leader. This implies she would _________. Require managers to acquire an openness and awareness of india’s cultures 27. Which of the following Asian countries had launched an ambitious program of industrialization and export-led development that contributed to its rise from poverty in the 1940s to one of the world’s wealthiest countries by the 1980s? Japan 28. Due to the competition involved in global industries, marketing strategies are determined by the unique needs and regulations of each nation. false 29. Plasticorp, (Scenario) Plasticorp. is a Canadian producer that makes plastic storage containers of all sizes and shapes. Given recent prolonged depreciation of the Canadian dollar against the Euro, Plasticorp has been exporting
greater numbers of storage units to Europe. Plasticorp President, Elena Rodriguez is preparing for the annual shareholders’ meeting at which she will present her sales plan for next year. Which of the most important issue for Rodriguez to analyze in preparation for the meeting? what is the currency risk of exporting additional Plasticorp products to Europe? 30. A Canadian paper-products company buys raw materials from a U.S. logging firm just across the border, The U.S. dollar has been steadily appreciating against the Canadian dollar recently. The contract calls for payment to be made in U.S. dollars within 30 days. From the following list which is most likely for the Canadian firm?
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