AGBM 308W Midterm Exam Question
and answers already passed
Two core perspectives for studying global business are - correct answer
✔An institution-based view and a resource-based view
The "fundamental question" about global business in the course textbook is -
correct answer ✔What determines the success and failure of firms around
the globe?
What does the Environmental Kuznets Curve hypothesis claim that initially
increases during economic growth and then decrease? - correct answer
✔Many types of pollution
The Pollution Haven Hypothesis claims that - correct answer ✔Businesses in
polluting industries tend to locate in emerging market countries with weak
environmental regulations
According to the video "Meet the Would-Be 'Carrot King'," what is Mikado
Kyowa Seed Company's share of the global market for carrot seeds? - correct
answer ✔30%
According to the video "China's Urbanization Changing Food Supply Chain",
when people move from rural to urban areas they eat more - correct answer
✔Meat
The supportive pillar(s) for formal institutions are - correct answer
✔Regulatory
, What legal system is originally derived from Roman law? - correct answer
✔Civil law
Which country accounts for the largest share of world beer consumption in
2010? - correct answer ✔China
According to the article "Beer Consumption and Trade in an Era of Economic
Growth and Globalization", what has NOT contributed to the convergence of
tastes towards beer among countries? - correct answer ✔Household income
reduction
According to the article "Beer Consumption and Trade in an Era of Economic
Growth and Globalization", what percentage of beer is imported in the US in
2014? - correct answer ✔15%
The three pillars for agriculture in the Uruguay Round trade agreement are -
correct answer ✔Market Access
Domestic Support
Export Competition
Which box of agricultural domestic support is subject to limits? - correct
answer ✔Amber Box
The principle of conditionality means that IMF loans are conditional on -
correct answer ✔economic reforms by the borrowing country
According to the video "The Pepper Trail", one responsibility of the Export
Inspection Council in India is to - correct answer ✔inspect pepper to ensure
it meeds international food quality and safety standards
and answers already passed
Two core perspectives for studying global business are - correct answer
✔An institution-based view and a resource-based view
The "fundamental question" about global business in the course textbook is -
correct answer ✔What determines the success and failure of firms around
the globe?
What does the Environmental Kuznets Curve hypothesis claim that initially
increases during economic growth and then decrease? - correct answer
✔Many types of pollution
The Pollution Haven Hypothesis claims that - correct answer ✔Businesses in
polluting industries tend to locate in emerging market countries with weak
environmental regulations
According to the video "Meet the Would-Be 'Carrot King'," what is Mikado
Kyowa Seed Company's share of the global market for carrot seeds? - correct
answer ✔30%
According to the video "China's Urbanization Changing Food Supply Chain",
when people move from rural to urban areas they eat more - correct answer
✔Meat
The supportive pillar(s) for formal institutions are - correct answer
✔Regulatory
, What legal system is originally derived from Roman law? - correct answer
✔Civil law
Which country accounts for the largest share of world beer consumption in
2010? - correct answer ✔China
According to the article "Beer Consumption and Trade in an Era of Economic
Growth and Globalization", what has NOT contributed to the convergence of
tastes towards beer among countries? - correct answer ✔Household income
reduction
According to the article "Beer Consumption and Trade in an Era of Economic
Growth and Globalization", what percentage of beer is imported in the US in
2014? - correct answer ✔15%
The three pillars for agriculture in the Uruguay Round trade agreement are -
correct answer ✔Market Access
Domestic Support
Export Competition
Which box of agricultural domestic support is subject to limits? - correct
answer ✔Amber Box
The principle of conditionality means that IMF loans are conditional on -
correct answer ✔economic reforms by the borrowing country
According to the video "The Pepper Trail", one responsibility of the Export
Inspection Council in India is to - correct answer ✔inspect pepper to ensure
it meeds international food quality and safety standards
