GSCM 211 UNIT 7 QUESTIONS WITH VERIFIED ANSWERS

GSCM 211 UNIT 7 QUESTIONS WITH VERIFIED
ANSWERS


Traders in Georgia are required to deal with ____ while traders in Madagascar deal with
___

1 agency, 1 agency
4 agencies, 8 agencies
2 agencies, 1 agency
1 agency, 10 agencies - Answers - 1 agency, 10 agencies

Huxiang Zhao says that "poor logistics often means poor __."

Management
Trade
Opportunity
Suppliers - Answers - Trade

According to the article "Connecting to compete", What defines how countries grow and
compete in the global economy?

How efficiently a country imports/exports
Access to natural resources
A country's GDP
Number of ports - Answers - How efficiently a country imports/exports

Paperwork and long delays at borders are especially a concern for landlocked countries
with low-income economies.

True
False - Answers - True

According to the Article "Toward the End of Poverty", for a family of four, America's
poverty line is ____ while the poorest 15 countries have a poverty line of ____.

$63, $1.25
$50, $0.50
$70, $5
$41, $5 - Answers - $63, $1.25

Pakistan experienced the lowest drop in its GDP in 8 years as a result of its involvement
in the Belt and Road Initiative?