D080 PRE-ASSESSMENT EXAM
GUIDE (2024-2025)|VERIFIED EXAM
QUESTIONS EXPERTLY SOLVED|ALL
ANSWERS GRADED
A+|GUARANTEED SUCCESS
Which negative outcome on political systems comes from globalization? -
ANSWER✅✅Creation of isolationist policies
Which factor results in a higher rate of globalization? - ANSWER✅✅Reduced trade
barriers
What are the four factors in Ghemawat's CAGE analysis? - ANSWER✅✅Culture,
administration, geography, economy
What is a major drawback to the home country when companies outsource
manufacturing jobs to countries with lower worker wages? - ANSWER✅✅Loss of
manufacturing jobs
, A country has a characteristic traditional economic system with poor infrastructure
and limited economic opportunity.
What is the impact of this system on the process of globalization? - ANSWER✅✅The
globalization process is at a disadvantage as the country has a lower standard of
living.
What is a characteristic of a market economy? - ANSWER✅✅Firms seek to
maximize profi ts.
Which impact does Islamic law directly have on businesses? - ANSWER✅✅It forbids
charging interest.
Which institution helps to maintain availability of global financing to solve trade
deficit issues? - ANSWER✅✅International Monetary Fund
What is the current focus of the World Bank? - ANSWER✅✅Improving quality of
life
For which concern has the World Trade Organization been criticized? -
ANSWER✅✅Adoption of labor standards protecting labor rights
How is the Special Drawing Right of the International Monetary Fund (IMF) valued? -
ANSWER✅✅It is based on the value of the five most significant members'
currencies.
Two countries agree to open their borders to international business transactions
with one another without tariffs.
How does this affect global business? - ANSWER✅✅It leads to developing free trade
policies with strategic partners.
A country uses its established technology infrastructure to produce a good.
What is the impact of this infrastructure on trade? - ANSWER✅✅It will create
barriers to entry for other nations.
What was the economic impact of the North American Free Trade Agreement
(NAFTA)? - ANSWER✅✅The shift of jobs away from low comparative advantage
industries
A company that is located in Country A would like to sell products in Country B. The
government of Country B is pushing for a tariff-based international trade agreement
on the product.
What is the reasoning behind Country B's decision? - ANSWER✅✅Country B seeks
to protect its economy and give it the opportunity for long-term expansion.
GUIDE (2024-2025)|VERIFIED EXAM
QUESTIONS EXPERTLY SOLVED|ALL
ANSWERS GRADED
A+|GUARANTEED SUCCESS
Which negative outcome on political systems comes from globalization? -
ANSWER✅✅Creation of isolationist policies
Which factor results in a higher rate of globalization? - ANSWER✅✅Reduced trade
barriers
What are the four factors in Ghemawat's CAGE analysis? - ANSWER✅✅Culture,
administration, geography, economy
What is a major drawback to the home country when companies outsource
manufacturing jobs to countries with lower worker wages? - ANSWER✅✅Loss of
manufacturing jobs
, A country has a characteristic traditional economic system with poor infrastructure
and limited economic opportunity.
What is the impact of this system on the process of globalization? - ANSWER✅✅The
globalization process is at a disadvantage as the country has a lower standard of
living.
What is a characteristic of a market economy? - ANSWER✅✅Firms seek to
maximize profi ts.
Which impact does Islamic law directly have on businesses? - ANSWER✅✅It forbids
charging interest.
Which institution helps to maintain availability of global financing to solve trade
deficit issues? - ANSWER✅✅International Monetary Fund
What is the current focus of the World Bank? - ANSWER✅✅Improving quality of
life
For which concern has the World Trade Organization been criticized? -
ANSWER✅✅Adoption of labor standards protecting labor rights
How is the Special Drawing Right of the International Monetary Fund (IMF) valued? -
ANSWER✅✅It is based on the value of the five most significant members'
currencies.
Two countries agree to open their borders to international business transactions
with one another without tariffs.
How does this affect global business? - ANSWER✅✅It leads to developing free trade
policies with strategic partners.
A country uses its established technology infrastructure to produce a good.
What is the impact of this infrastructure on trade? - ANSWER✅✅It will create
barriers to entry for other nations.
What was the economic impact of the North American Free Trade Agreement
(NAFTA)? - ANSWER✅✅The shift of jobs away from low comparative advantage
industries
A company that is located in Country A would like to sell products in Country B. The
government of Country B is pushing for a tariff-based international trade agreement
on the product.
What is the reasoning behind Country B's decision? - ANSWER✅✅Country B seeks
to protect its economy and give it the opportunity for long-term expansion.
