IBM Exam 2 UPDATED Exam Questions
and CORRECT Answers
Industrialization - CORRECT ANSWER - implies that EMERGING MARKETS are
moving from being low value-adding commodity producers, dependent on low-cost labor, to
sophisticated competitive producers and exporters of premium products
economic development - CORRECT ANSWER - enhancing standards of living and
discretionary income in emerging markets
Modernization - CORRECT ANSWER - increasing attractiveness of emerging markets as
investment targets and facilitating the spread of ideas, products, and services across the globe
advances in technology make __________ affordable - CORRECT ANSWER -
international operations
technological advances have spurred the _____ - CORRECT ANSWER - development of
new products and services that appeal to a global audience
sovereignty - CORRECT ANSWER - ability of nation to govern its own affairs.
fundamental principle that underlies global relations
offshoring - CORRECT ANSWER - relocation of manufacturing and other value-chain
activities to cost-effective locations abroad, resulting in job losses in numerous mature
economies
Africa remains underdeveloped due to - CORRECT ANSWER - 1) inadequate commercial
infrastructure
2) lack of access to foreign capital
3) high illiteracy
4) government corruption
and CORRECT Answers
Industrialization - CORRECT ANSWER - implies that EMERGING MARKETS are
moving from being low value-adding commodity producers, dependent on low-cost labor, to
sophisticated competitive producers and exporters of premium products
economic development - CORRECT ANSWER - enhancing standards of living and
discretionary income in emerging markets
Modernization - CORRECT ANSWER - increasing attractiveness of emerging markets as
investment targets and facilitating the spread of ideas, products, and services across the globe
advances in technology make __________ affordable - CORRECT ANSWER -
international operations
technological advances have spurred the _____ - CORRECT ANSWER - development of
new products and services that appeal to a global audience
sovereignty - CORRECT ANSWER - ability of nation to govern its own affairs.
fundamental principle that underlies global relations
offshoring - CORRECT ANSWER - relocation of manufacturing and other value-chain
activities to cost-effective locations abroad, resulting in job losses in numerous mature
economies
Africa remains underdeveloped due to - CORRECT ANSWER - 1) inadequate commercial
infrastructure
2) lack of access to foreign capital
3) high illiteracy
4) government corruption
