TEST BANK For Global Business Today,
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12th Edition By Charles Hill Chapters 1 - 17
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,Chapter One Globalization
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PART TWO National Differences
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Chapter Two National Differences in Political, Economic, and Legal Systems C
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hapter Three National Differences in Economic Development
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Chapter Four Differences in Culture
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Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
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PART THREE The Global Trade and Investment Environment Ch
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apter Six International Trade Theory
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Chapter Seven Government Policy and International Trade Chapt
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er Eight Foreign Direct Investment
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Chapter Nine Regional Economic Integration
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PART FOUR The Global Monetary System Chapt
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er Ten The Foreign Exchange Market
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Chapter Eleven The International Monetary System
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PART FIVE The Strategy of International Business Chapt
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er Twelve The Strategy of International Business
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Chapter Thirteen Entering Developed and Emerging Markets
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PART SIX International Business Functions
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Chapter Fourteen Exporting, Importing, and Countertrade Chapt
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er Fifteen Global Production and Supply Chain Management Cha
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pter Sixteen Global Marketing and Business Analytics
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Chapter Seventeen Global Human Resource Management
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,Answers are at the end of each chapter
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Chapter 01 Globalization Tru
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e / False Questions
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1. As a result of globalization, we have been moving toward a world in which national economie
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s are relatively self-contained entities.
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True False
2. By offering the same basic product worldwide, firms help to create a global market
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. True False
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3. A company has to be the size of a multinational giant to facilitate, and benefit from, th
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e globalization of markets.
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True False
4. As a result of globalization, companies rarely need to customize marketing strategies, produc
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t features, and operating practices in different countries.
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True False
5. Globalization has resulted in greater uniformity replacing diversity across national markets
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. True False
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6. As firms follow each other around the world, they bring with them many of the assets tha
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t served them well in other national markets. Thus, greater diversity replaces uniformity.
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True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for firm
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s to achieve the optimal dispersion of their productive activities to locations around the globe.
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True False
8. The World Trade Organization, the International Monetary Fund and its sister institution th
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e World Bank, and the United Nations were all created by voluntary agreement between individual
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nation- states.
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True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44 nation
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s that met at Bretton Woods, New Hampshire.
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True False
10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-
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states Pwhose Peconomies Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst Pt
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hose Pof Pother Pnations.
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True False
11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pthe
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PWorldl8PBank.PTrue False
12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-
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states Pto Padopt Pspecific Peconomic Ppolicies Paimed PatPreturning Ptheir Ptroubled Peconomies Pto Pst
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ability Pand Pgrowth. l8 l8
True False
13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusiness
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PactivitiesPoutside Pits Phome Pcountry. l8 l8 l8
True False
14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves Pto
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PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnations.
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True False
15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcover
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Pservices Pas PwellPas Pmanufactured Pgoods.
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True False
16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction Pat
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Pthe PoptimalPlocation Pfor Pthat Pactivity.
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True False
17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-
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states Pare Pbecoming PlessPintertwined.
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True False
18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pworld
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Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasier Pt
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o Pprotect Pthemselves Pfrom
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the Pattack Pof Pforeign Pcompetitors.
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12th Edition By Charles Hill Chapters 1 - 17
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,Chapter One Globalization
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PART TWO National Differences
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Chapter Two National Differences in Political, Economic, and Legal Systems C
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hapter Three National Differences in Economic Development
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Chapter Four Differences in Culture
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Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
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PART THREE The Global Trade and Investment Environment Ch
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apter Six International Trade Theory
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Chapter Seven Government Policy and International Trade Chapt
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er Eight Foreign Direct Investment
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Chapter Nine Regional Economic Integration
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PART FOUR The Global Monetary System Chapt
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er Ten The Foreign Exchange Market
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Chapter Eleven The International Monetary System
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PART FIVE The Strategy of International Business Chapt
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er Twelve The Strategy of International Business
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Chapter Thirteen Entering Developed and Emerging Markets
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PART SIX International Business Functions
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Chapter Fourteen Exporting, Importing, and Countertrade Chapt
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er Fifteen Global Production and Supply Chain Management Cha
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pter Sixteen Global Marketing and Business Analytics
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Chapter Seventeen Global Human Resource Management
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,Answers are at the end of each chapter
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Chapter 01 Globalization Tru
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e / False Questions
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1. As a result of globalization, we have been moving toward a world in which national economie
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s are relatively self-contained entities.
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True False
2. By offering the same basic product worldwide, firms help to create a global market
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. True False
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3. A company has to be the size of a multinational giant to facilitate, and benefit from, th
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e globalization of markets.
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True False
4. As a result of globalization, companies rarely need to customize marketing strategies, produc
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t features, and operating practices in different countries.
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True False
5. Globalization has resulted in greater uniformity replacing diversity across national markets
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. True False
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6. As firms follow each other around the world, they bring with them many of the assets tha
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t served them well in other national markets. Thus, greater diversity replaces uniformity.
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True False
7. Substantial impediments, such as barriers to foreign direct investment, make it difficult for firm
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s to achieve the optimal dispersion of their productive activities to locations around the globe.
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True False
8. The World Trade Organization, the International Monetary Fund and its sister institution th
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e World Bank, and the United Nations were all created by voluntary agreement between individual
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nation- states.
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True False
, 9. The International Monetary Fund and the World Bank were both created in 1944 by 44 nation
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s that met at Bretton Woods, New Hampshire.
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True False
10. The PWTO Pis Pseen Pas Pthe Plender Pof Plast Presort Pto Pnation-
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states Pwhose Peconomies Pare Pin PturmoilPand Pwhose Pcurrencies Pare Plosing Pvalue Pagainst Pt
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hose Pof Pother Pnations.
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True False
11. The PIMF Pis Pless Pcontroversial Pthan Pits Psister Pinstitution, Pthe
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PWorldl8PBank.PTrue False
12. In Preturn Pfor Ploans, Pthe PIMF Prequires Pnation-
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states Pto Padopt Pspecific Peconomic Ppolicies Paimed PatPreturning Ptheir Ptroubled Peconomies Pto Pst
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ability Pand Pgrowth. l8 l8
True False
13. Foreign Pdirect Pinvestment P(FDI) Poccurs Pwhen Pa Pfirm Pinvests Presources Pin Pbusiness
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PactivitiesPoutside Pits Phome Pcountry. l8 l8 l8
True False
14. After PWorld PWar PII, Pthe Padvanced Pnations Pof Pthe PWest Pcommitted Pthemselves Pto
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PincreasingPbarriers Pto Pthe Pfree Pflow Pof Pgoods, Pservices, Pand Pcapital Pbetween Pnations.
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True False
15. The PUruguay PRound, Pheld Punder Pthe Pumbrella Pof PGATT, Pextended PGATT Pto Pcover
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Pservices Pas PwellPas Pmanufactured Pgoods.
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True False
16. The Plowering Pof Ptrade Pand Pinvestment Pbarriers Pallows Pfirms Pto Pbase Pproduction Pat
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Pthe PoptimalPlocation Pfor Pthat Pactivity.
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True False
17. As Pa Presult Pof Pinternational Ptrade, Pthe Peconomies Pof Pthe Pworld’s Pnation-
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states Pare Pbecoming PlessPintertwined.
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True False
18. The Pglobalization Pof Pmarkets Pand Pproduction Pand Pthe Presulting Pgrowth Pof Pworld
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Ptrade, PforeignPdirect Pinvestment, Pand Pimports Pall Pimply Pthat Pfirms Pare Pfinding Pit Peasier Pt
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o Pprotect Pthemselves Pfrom
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the Pattack Pof Pforeign Pcompetitors.
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